With around 40 GW of new capacity added this year alone, the world’s installed wind power capacity is expected to reach close to 200GW by the end of 2010 according to the latest figures of the Global Wind Energy Council (GWEC).
GWEC expects the US market to be down this year as the low level of orders we saw during the financial crisis work their way through the system. On the other hand, stronger growth in China will make up for this, and the European market is very stable. In its five -year market outlook, GWEC forecasts that global wind power will double between 2010 and 2014, reaching more than 400GW. This increase will continue to be driven by growth in China, the USA and Europe, but new countries are also entering the global wind map.
GWEC expects the US market to be down this year as the low level of orders we saw during the financial crisis work their way through the system. On the other hand, stronger growth in China will make up for this, and the European market is very stable. In its five -year market outlook, GWEC forecasts that global wind power will double between 2010 and 2014, reaching more than 400GW. This increase will continue to be driven by growth in China, the USA and Europe, but new countries are also entering the global wind map.
