MARKET PICKS WIND ENERGY FOR FUTURE: 30% PER YEAR GROWTH!

2007 was a year of record breaking growth for the wind energy industry. Energy market analysts expect the boom to continue into the foreseeable future. Despite the disappointment of a new energy bill without incentives for New Energy, the people who buy power cannot resist the inherent logic of wind energy when they compare it to their other options.

Even the disappointment of a national leadership too shortsighted to invest in New Energy has an upside. The American people have repeatedly expressed their overwhelming preference for a national policy to support the pioneers of New Energy with Production Tax Credits and Investment Tax Credits. If Congress doesn't provide funding, members will likely be looking for work in the private sector after the fall elections.

Wind energy installations are going up all over the US - and this is only through August! (click to enlarge)

US Wind Energy Market To Grow 30% Per Year
December 18, 2007 (AP via Yahoo Finance)

WHO
Deutsche Bank analysts and other investment analysts

WHAT
A Deutsche Bank analysis reports the US wind energy market will grow 30% every year and become one of the 3 fastest growing energy markets in the world.

It is also exploding all over the world. (click to enlarge)

WHEN
- The report was released December 5.
- Wind energy’s growth of 30% annually is expected to continue through 2015.

WHERE
According to the report, the US, India and China will become the 3 biggest wind energy markets in the world, supplanting Europe, which is currently the leader.

Supportive public policy can mean a lot but the industry may be past the tipping point. (click to enlarge)

WHY
- Deutsche Bank found that both entry level and takeover activity were growing and speculated that a new level of consolidation may be beginning.
- Deutsche Bank issued a “buy” for GE Energy, the biggest turbine manufacturer in the US and one of the biggest in the world.
Wachovia Securities analysts upgraded Florida Power & Light, a major US wind energy operator, to “outperform.”
Investology added Nacel Energy, a Wyoming wind energy developer, to its covered investments.

The logic of wind energy may no longer be possible to resist. (click to enlarge)

QUOTES
Randall Swisher, executive director, American Wind Energy Association: “Word is getting around about wind. Up and down the Great Plains are states like Oklahoma, Kansas, Nebraska, and the Dakotas, where there's no special incentives or mandates. But hundreds of megawatts of wind are being developed there because it pays.”