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BTM Consult has announced that it has released International Wind Energy Development: World Update 2011. The 150+ page World Market Update 2011 is BTM Consult’s seventeenth edition of this annual wind energy market report.

The report includes more than 80 tables, charts and graphs illustrating global wind market development, as well as a wind market forecast for 2012 - 2016 and predictions for the wind market through 2021.
The report delivers several views on the fast-growing wind market, including:
  • Record installation of 41.7 GW
  • Strong presence of four Chinese wind turbine suppliers in the Top 10 list
  • China maintains the No. 1 market position in the world, with 17.6 GW of new capacity
  • Offshore wind is on track for increased contribution to wind power in Europe
  • Market value will grow from EUR52.2 billion in 2011 to EUR86.3 billion in 2016*
  • Direct drive turbines now account for 21.2% of the world's supply of wind power capacity
  • Wind power will deliver 2.26% of the world's electricity in 2012
  • Forecasts and predictions to 2021 indicate that wind power can meet 8.0% of the world’s consumption of electricity by 2021
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