Corporate
The business and how to benefit
The GWEC (Global Wind Energy Council) predicts the global wind market to grow by over 155% from its current size to reach a total of 240.000 MW of installed capacity by the year 2012. This would represent an addition of 146 GW in 5 years, equaling an investment of over 180bn EUR (277 bn US$, both in 2007 value).
The electricity produced by wind energy will reach over 500 TWh in 2012 (up from 200 TWh in 2007), accounting for around 3% of global electricity production (up from just over 1% in 2007).
Windworks aims to achieve a 5% market share of newly installed capacity by 2012.
The global wind power industry 2007
- Employs around 200,000 people
- Has an annual turnover of more than € 18 billion (US$ 23bn )
- Has been growing at an annual rate of more than 28 % for the last 10 years
- Meets the electricity needs of more than 25 million households
- Is concentrated in Europe, which accounts for 65 % of total capacity and most of the major turbine manufacturers
- Over 100,000 wind turbines installed today in 70 countries
- Over 74,000 MW of installed capacity