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Wind Power Turbine Installations Forecast to Rebound in 2011 After Slump

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jpak Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-31-10 03:00 PM
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Wind Power Turbine Installations Forecast to Rebound in 2011 After Slump
http://www.bloomberg.com/news/2010-10-28/wind-power-turbine-installations-forecast-to-rebound-in-2011-after-slump.html

Wind turbine installations will bounce back in 2011 after stalling this year, according to a report from Bloomberg New Energy Finance.

Turbines with an electricity-generation capacity of 45 gigawatts are likely to be erected next year, up from about 37.7 gigawatts this year, the London-based research group said today. Next year’s activity will be dominated by China, said Eduardo Tabbush, a New Energy Finance wind industry analyst.

“We expect a rebound in installations for 2011 mainly driven by growth in China,” Tabbush said. “This will account for about 50 percent of annual installations that year.”

<snip>

U.S. installations probably will fall 39 percent this year, weighed down by lower prices for power and natural gas and by uncertainty about the level of regulatory support for renewables (AKA GOP -Congress, my comment), New Energy Finance said.

<more>

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jpak Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 08:51 AM
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