COMPOSITES WATCH
1 6
C
O
M
P
O
S
I
T
E
S
W
O
R
L
D
.
C
O
M
Te Global Wind Energy Council (GWEC,
Brussels, Belgium) has issued its Global Wind
Report – Annual Market Update, detailing the current status of the
global industry, with market projections for 2014-2018. GWEC
expects installations of at least 47 GW of new capacity in 2014,
a signifcant increase over 2013 levels. Te market will be led
by China, but will show strong recovery in the U.S. market and
record installations in Canada and Brazil, with hundreds of mega-
watts expected in South Africa.
"Te global market is back on track for 2014," says Steve Saw-
yer, GWEC secretary general. "A strong Chinese market, recovery
in the U.S. and an increasing role for emerging economies in the
global market means that afer 2014, the market will resume its
steady if unspectacular growth, and end up just about doubling
total global installations during the-fve year period to 2018."
GWEC cautioned, however, that without a strong global climate
policy, market growth is unlikely to return to the 20 to 25 percent
or more average growth which has characterized most of the last
two decades.
In many markets, today, wind's most compelling selling point
is cost-competitiveness. GWEC says wind already competes suc-
cessfully against heavily subsidized incumbents in a growing
number of markets around the world as the technology and its
implementation steadily improve.
More wind farm installations
in the energy industry forecast
ENERGY
High Density Urethane Tooling Board
and Core Material
(800) 845-0745 • www.precisionboard.com
• Closed cell structure
• No out-gassing
• 15 standard densities
• Exceeds aviation flammability standards
Make it Precision Board Plus
Source
|
NREL
0614CT CompWatch-OK.indd 16 5/20/2014 7:59:31 AM