Wind Energy
Introduction
As Industry consolidation continues through merger and takeover, the trend continues towards large global players who have the finance to bring 5MW turbines to market in the numbers that are going to be needed. This growth of the manufacturing sector is creating improved conditions for many of the smaller wind focused companies who collectively provide the entire suite of specialist services necessary if the industry is to grow to match Kyoto's targets. It is clear that policy support at national government level can speed up the shift towards wind and other renewable energy sources by installing enlightened regulations and appropriate feed in tariffs. The recent pressures on the global oil market can only improve wind’s position within the development policies of governments, especially within the US.
Wind Turbine Developments
Economies of scale are encouraging larger and larger turbines to be developed. Turbines rated as 5MW can now be bought off the shelf, while components suitable for future turbines of 7.5MW are now being developed and tested. This growth in turbine size is encouraging and enabling both the repowering of existing wind farm sites and the proposal of large new off-shore farms which would have been considered uneconomic with the small turbines available ten years ago.
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