Analyst firm lowers global estimates for wind development

Make has lowered its forecast for wind development over the coming years by one percent, largely due to the transition to procurement models and the lack of a Chinese grid connection.

Photo: LM Wind Power

Wind turbine markets in Germany, India and China have been struck by market disruption in the short term, prompting consultancy firm Make to downgrade its expectations for global wind markets over the 2017 - 2018 period in its third quarter report.

"Our expectation is that the changes unfolding in the market due to the transition from one framework scheme to another will create an even more sustainable and long-term growth for both wind and solar energy, but this transition period will create fluctuations on the individual markets."

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Siemens Gamesa to squeeze GE's flagship out of US market

The ongoing patent lawsuit between GE and Siemens Gamesa stands to greatly backfire for the US giant, which could force players such as Ørsted to find new offshore wind turbines. The power company itself claims this risks leading to ”potentially irreversible” delays on a gigawatt-scale project.

Norway plans to control hydro to safeguard power supply

With the country’s hydroelectric reservoirs now at low levels after a dry spring, Norwegian policymakers consider reducing electricity export to Europe, but any move to do so, barring emergency, must adhere to single energy market regulations, says interest group.

Further reading

Related articles

Latest News

See all jobs