GLOBAL WIND ENERGY

POTENTIAL

GLOBAL WIND ENERGY

POTENTIAL

Colin Palmer

THE MARKETTHE MARKET

Global Wind Energy CapacityGlobal Wind Energy Capacity

0

20

40

60

80

100

2003 2004 2005 2006 2007

GW

2006 Capacity by Country2006 Capacity by Country

USA

Germany

India

Spain

China

France

Canada

ROW

Total Capacity by CountryTotal Capacity by Country

Germany

Spain

USA

India

ROW

SUMMARYSUMMARY

w20GW/yr by 2008

w>100GW total by 2008

w Increasing diversity

w Less reliance on Europe

And in the UK?And in the UK?

w2 GW total

w< 3% global capacity

wOffshore to the rescue?

w10GW pipeline–304MW built

THE INDUSTRYTHE INDUSTRY

VESTASVESTAS

w£3.0 bn/yr sales

w12,000 employees

w30% market share

w20GW to date

OTHERSOTHERS

w Enercon

wGamesa

wRePower

w Suzlon

Consolidation

TURBINE DESIGNTURBINE DESIGN

w3 blade upwind

w1.5MW to 5MW

wOnshore and offshore

wReliable and proven

w Incremental advance

ISSUESISSUES

w Supply shortages

wConnection

w Permitting

w (Intermittency)

It’s the policies, stupid

0

5

10

15

20

25

0 100 200 300 400 500 600

LAND AREA

DENSITYDENSITY

60 kW per sq km= 14 GW in UK

Germany

SpainDenmark

UK

France

DEALS BEING DONEDEALS BEING DONE

wGamesa/Iberdrola–£1.5 bn supply over two years

wTexas loop–4,200 MW connection–$1.5 bn

SUPERGRIDSUPERGRID