CHINA COMING FAST AS GLOBAL WIND BOOM GOES ON

Global wind power boom continues despite economic woes; China doubles installed capacity for fifth year running – Global markets up 31%
3 February 2010 (Global Wind Energy Council)

"…[T]he world’s wind power capacity [according to the Global Wind Energy Council (GWEC)] grew by 31% in 2009, adding 37.5 GW to bring total installations up to 157.9 GW. A third of these additions were made in China, which experienced yet another year of over 100% growth…

"Wind energy is now an important player in the world’s energy markets. The global wind market for turbine installations in 2009 was worth about 45 bn EUR or 63 bn US$. GWEC estimates that around half a million people are now employed by the wind industry around the world."

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"The main markets driving this significant growth continue to be Asia, North America and Europe, each of which installed more than 10 GW of new wind capacity in 2009. China was the world’s largest market in 2009, nearly doubling its wind generation capacity from 12.1 GW in 2008 to 25.1 GW at the end of 2009 with new capacity additions of 13 GW…

"Newly added capacity of 1,270 MW in India and some smaller additions in Japan, South Korea and Taiwan make Asia the biggest regional market for wind energy in 2009, with more than 14 GW of new capacity."

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"…[T]he US continues to have a comfortable lead in terms of total installed capacity. Against all expectations, the US wind energy market installed nearly 10 GW in 2009, increasing the country’s installed capacity by 39% and bringing the total installed, grid-connected capacity to 35 GW. In early 2009, some analysts had foreseen a drop in wind power development of as much as 50%, but the implementation of the US Recovery Act with its strong focus on wind energy development in the summer reversed this trend…

"Europe, which has traditionally been the world’s largest market for wind energy development, continued to see strong growth, also exceeding expectations. In 2009, 10.5 GW were installed in Europe, led by Spain (2.5GW) and Germany (1.9 GW). Italy, France and the UK all added more than 1 GW of new wind capacity each…"