Energy from Wind and Waves: The Global Market

Report Code: EGY062A

Publish Date: Mar 2009

Publisher: BCC Publishing

Category: Energy

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Report Highlights

  • The global market for wind and wave energy generated 119,343 megawatts of electricity in 2008. This is expected to increase to $223,091 megawatts in 2013, for a compound annual growth rate (CAGR) of 13.3%.
  • Wind energy has the largest share of the market, generating 119,339 megawatts in 2008. This should reach 223,221 megawatts in 2013, for a CAGR of 13.3%.
  • Wave energy generated 4 megawatts in 2008. This is expected to increase at a CAGR of 98.1% to reach 122 megawatts in 2013.

INTRODUCTION

STUDY GOALS AND OBJECTIVES

BCC’s goal in conducting this study was to determine the current status of the global market for wind and wave energy and assess its growth potential over a 5-year period from 2008 to 2013.

Our key objective was to present a comprehensive analysis of the current wind energy market combined with the upcoming wave energy market and understand their future direction.

A chief goal of this study was to characterize and quantify the world markets for large wind turbines on global, national, and local bases. Extensive efforts were expended to fully characterize the political, economic, environmental, and regulatory conditions at each level of geographic detail. These influential factors were taken into account when developing 5-year forecasts for the evolving large wind turbine markets. The business environment for wind and wave energy is fully characterized to include local and national legislation and financial incentives, the pertinent regulatory regimes, and the environmental factors that are influencing a sustaining surge in interest and investment in renewables. 

REASONS FOR DOING THE STUDY
 
Wind power usage in the global economy has been growing at a significant double-digit rate in the past few years and has generated considerable interest in industry, government, and the public. Wave energy is hypothesized to be several years behind wind energy but represents yet another emerging renewable market. This study will take a closer look at energy from wind and waves on the global scale. This report measures and forecasts the global market for wind energy and wave energy. Key granular global breakdowns are given for the following regions: 
  • North America
  • Europe
  • Asia
  • Latin America
  • Africa and the Middle East
  • Pacific Region
  • Rest of World 
INTENDED AUDIENCE
 
This study will be of interest to manufacturers of wind turbines and wave energy devices, and the various component and accessory equipment suppliers, as well as the end users, including project developers, operators, and utilities. It will also be of interest to consulting companies, construction and transportation companies, landowners, and financial and investment institutions with a stake in the renewable energy industry. The study will likewise be of interest to municipal, state, and national government agencies, as well as academic institutes and non-profit organizations.
 
SCOPE OF REPORT
 
The scope of this study encompasses the global wind and wave energy markets.
Traditional hydrocarbon energy sources and tidal energy are excludedfrom the study. BCC analyzes each market, determines its current status, examines the impact for the future, and presents forecasts of growth over the next 5 years. Technological issues including the latest trends are discussed. Other influential factors such as rising energy costs, changing government regulations, and improving efficiencies are reviewed.
 
BCC analyzes the industry on a global basis both from a manufacturing and energy capacity point of view. We examine government support for renewable energies.
 
METHODOLOGY AND INFORMATION SOURCES
 
Both primary and secondary research methods were used in our examination of the wind and wave energy market.
 
BCC surveyed numerous companies, consultants, entrepreneurs, industry consortium, and members of the legal community to obtain data and background information for this study. A partial list included were manufacturers of large wind turbines, founders of wave technology companies, wind project developers, utility executives, lawyers in the green space, and venture capitalists. In addition, we compiled data from financial and trade information, government sources and technical societies, and online news services.
 
ANALYST CREDENTIALS
 
The author, Marianne D’Aquila, is the founder and a strategic analyst for Information Resources, LLC (www.informationres.com), a global market research and intelligence firm.
 
Prior to starting Information Resources, Marianne worked at the Venture Development Corp., where she held the position of Market Research Analyst and Strategist. She was responsible for providing market data and competitive intelligence to Fortune 100 clients, producing proprietary market research studies, publishing white papers, and authoring numerous articles to technology journals.
 
Previously, Marianne held the position of Tactical/Product Marketing Manager at IBM’s Microelectronics Division, Product Manager at Raytheon RF Components Commercial Electronics, and Project Manager/Process Engineer at Standard Microsystems Corp. Marianne graduated with an MBA from Babson College and a BS in Engineering from Stony Brook University.
 
BCC ONLINE SERVICES
 
BCC offers an online information retrieval service. BCC’s home page, located at
www.bccresearch.com, enables readers to: 
  • Examine BCC’s complete catalog of market research reports and place direct orders
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DISCLAIMER
 
The information developed in this report is intended to be as reliable as possible at the time of publication and of a professional nature. This information does not constitute managerial, legal, or accounting advice; nor should it serve as a corporate policy guide, laboratory manual, or an endorsement of any product, as much of the information is of a speculative in nature.  The author assumes no responsibility for any loss or damage that might result from reliance on the reported information or from its use.
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Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter NamePagesMember Price
Full Report: Energy from Wind and Waves: The Global Market214Free
Chapter- 1: INTRODUCTION4Free
Chapter- 2: SUMMARY4Free
Chapter- 3: OVERVIEW9Free
Chapter- 4: TYPES OF TECHNOLOGIES4Free
Chapter- 5: TYPES OF APPLICATIONS3Free
Chapter- 6: MARKET TYPES2Free
Chapter- 7: INDUSTRY STRUCTURE4Free
Chapter- 8: WIND ENERGY VENDOR MARKET SHARES4Free
Chapter- 9: C. CRAMER & CO. GMBH24Free
Chapter- 10: GLOBAL WIND ENERGY MARKET52Free
Chapter- 11: GLOBAL WAVE ENERGY MARKET8Free
Chapter- 12: WAVE ENERGY CONVERSION EQUIPMENT MARKET1Free
Chapter- 13: ENVIRONMENTAL CONCERNS OF WIND AND WAVE POWER14Free
Chapter- 14: WIND AND WAVE POWER MARKET IMPLICATIONS OF THE KYOTO PROTOCOL AND THE CLEAN DEVELOPMENT MECHANISM (CDM)20Free
Chapter- 15: WIND AND WAVE MARKET IMPLICATIONS OF ASIA-PACIFIC PARTNERSHIP ON CLEAN DEVELOPMENT AND CLIMATE 1Free
Chapter- 16: U.S. GOVERNMENT REGULATION AND IMPACTS ON WIND AND WAVE ENERGY8Free
Chapter- 17: WIND TURBINE COMPONENT FUNCTIONALITY5Free
Chapter- 18: WIND TURBINE AND COMPONENT TECHNOLOGY ISSUES6Free
Chapter- 19: WIND AND WAVE ASSOCIATIONS AND CONSORTIUMS10Free
Chapter- 20: WIND AND WAVE TECHNOLOGY PATENT REVIEW8Free
Chapter- 21: APPENDIX23Free

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Energy from Wind and Waves: The Global Market
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