Spain overtakes Germany as the leading wind power market: study
London (Platts)--7Apr2005
Spain's wind power market, which trailed Germany by a narrow margin in 2004, is expected to emerge in 2005 as Europe's largest, and to remain so through 2010, a new study by Emerging Energy Research (EER), a Cambridge, Massachusetts-based new energy research company, showed Thursday. Germany has led Europe's wind power capacity for the past five years, with boom years from 2001 to 2003. Spain's rise to the top represents a significant shift in Europe's wind market, contributing to a number of trends that include growing utility participation in wind power and marked shifts in wind turbine market share, EER said. Spain added 1,931MW of wind power in 2004 compared to Germany's 2,042MW, but the saturated German market is expected to decline to 1,500MW in 2005 while Spain is expected to add 1,800MW, according to the EER study European Wind Power Markets and Strategies 2004-2010.
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