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Power is the backbone of any economy in today’s world. But the high price of fossil fuel is forcing countries to focus on renewable energy sources. As a result, more technologically-developed countries have replaced a considerable portion of their fossil fuel power with renewable sources to sustain concrete growth. But, according to “Wind Power: Opportunities in Emerging Markets”, emerging countries, who have just started their journeys, also need to maintain a robust power supply for a number of reasons: most of the emerging economies are preferred destinations for industrial and manufacturing plants set up by developed countries, development of power grid connectivity has boosted up the power consumption, and increasing population has fueled the power requirement in developing economies. However, rising fossil fuel prices are challenging the growth potential of these countries. Therefore, like developed countries, these nations too are adding renewable sources in their power mix.
For many of these emerging countries, wind power seems to be the best choice as it is relatively low cost than other renewable sources and is a cleaner source of energy. With technological development, wind will become a highly competitive source for power generation, creating business opportunities for manufacturing and material innovations. This, in turn, will boost the manufacturing sector of the emerging countries.
To analyze the market potential for wind industry in the emerging economies, we have selected countries based on various aspects, like market performance and power generation sources. This report also provides a brief description on key turbine manufacturing companies present in the emerging economies.
Key Findings of the Report:
– Total wind power installation in People’s Republic of China is projected to cross 100 GW by the end of 2020.
– Wind power industry will be the major focus area in India during its 11th Five Year Plan. – By the end of 2009, wind power installation in Turkey is anticipated to reach slightly less than 1 GW.
– In 2009, Brazil’s cumulative wind power installation is likely to exceed 1 GW mark. – It is expected that the wind power generation in Poland will go beyond 26 TWH by the end of 2020. – Egypt’s wind power installation is projected to cross 1 GW mark in 2009.
Key Issues and Facts Analyzed in the Report:
– Analysis of the power industry at country level to find out the prospects of industry growth. – Identification of factors that are infusing growth in wind industry at country level.
– Evaluation of growth trends of wind power installation.
– Quantifying the future growth of wind power installation in each country.
Research Methodology Used in the Report Information Sources: The information has been compiled from various authentic and reliable sources like books, newspapers, trade journals, white papers, industry portals, government agencies, trade associations, monitoring industry news and developments, and access to more than 3000 paid databases.
Analysis Method RNCOS industry forecast and analysis is based on various macro- and microeconomic factors, sector and industry specific databases, and our in-house statistical and analytical model. This model takes into account the past and current trends in an economy, and more specifically in an industry, to bring out an objective market analysis. Our industry experts study the relationship between various industry and economic variables to ensure the required accuracy and desired check on the quality of data and information given in the report.
About RNCOS: RNCOS, incorporated in the year 2002, is an industry research firm. We are a team of industry experts who analyze data collected from credible sources. We provide industry insights and analysis that helps corporations to take timely and accurate business decision in today’s globally competitive environment.
The purpose of this site, as we’ll keep mentioning until we’re sure it has been made quite clear, is to advocate for and provide information on renewable, nonpolluting energy sources. There are quite a few reasons why we feel this is important, but all of them boil down to a concern over the toxic social, economic, and environmental impact of petrochemical dependence.
The solution, we believe, is to turn to nature. When we talk about solar power, we don’t just mean photovoltaic modules, although that is certainly one of our favorite forms of electricity generation. Solar power includes windmills, biofuel, and non-PV applications such as solar heaters and ovens.
In fact, in a sense all of the power on the planet derives ultimately from the Sun, even those nasty petrochemicals we so avidly avoid. Yet there is a conceptual distinction between using dead, stored energy from a limited and ecologically problematical cache, and choosing from a panacea of naturally clean power which replaces itself with each new day.
Slapping solar panels on every rooftop in the world might go a long way toward addressing the petro-mess, but that isn’t going to happen overnight, and it will never happen unless the people collectively demand it.
Some individuals may feel that the threat of climate change is exaggerated, or that oil is more abundant than current projections indicate. Others are inclined to believe that the green movement is a liberal conspiracy to attack businesses with taxes and regulations.
We may not be able to convince these folks. That’s not our job. We are here to evangelize to the choir, to provide a perspective and strategies as much as tools and applications for green living. Converting the critics is a job we leave to those of you able to combine honesty with diplomacy. They’ll come around, once they realize their tree-hugging neighbors don’t pay an electric bill.
Can the energy needs of the entire species be accommodated by green power? We believe the answer is: absolutely. Within the decade, if a planet-wide initiative takes hold as we dream. The technology exists and improves daily. No system is without disadvantages, and underestimating the challenge would be a mistake.
Nevertheless, the time is ripe for a transition that could sweep the globe with positive effects, not only in the ways we gather energy, but the way we approach nature and economics as well. We are at a crossroads, and the type of technology choices we make today will have an impact on how tomorrow’s civilization collects and uses the power to live in harmony with the Earth…or render it forever uninhabitable.