MAKE forecasts the annual wind-power capacity additions to average more than 67 GW from 2018 to 2027, resulting in a compounded annual growth rate that exceeds 8% over the period. Even as incentive mechanisms in several markets expire, country-level policy developments in Q2 have a significant impact on the global wind-power outlook. Significant multi-gigawatt upgrades…
Global wind-power capacity will double by 2027, says MAKE
MAKE has forecast the annual wind-power capacity additions to average more than 65 GW from 2018 to 2027, resulting in a Compounded Annual Growth Rate of 4% over the period. Incentive expirations and markets adjusting to new auction mechanisms influence a run-up to 2020, with a more than 30% increase in annual capacity additions from 2017…
MAKE releases its global wind-power market outlook for Q4/2017
Innovation and advancements in cost-out measures continue to have a positive impact on the global offshore wind power sector. This is according to MAKE’s Q4/2017 Global Wind Power Market Outlook Update, which presents an analysis of global and regional wind-power installation forecasts through 2026. As traditional global onshore markets are challenged by policy transitions and saturation…
Make Consulting forecasts offshore wind O&M market dynamics in Europe
This research note analyzes offshore O&M dynamics and trends. It forecasts out of warranty offshore capacity and estimates the total market revenue potential.
MAKE Consulting offers its Europe Wind Power Outlook 2015
From MAKE Consulting: Following a 7.7% market growth in 2014 compared to 2013, the European market is expected to expand by another 8.7% in 2015 in a policy-induced rush to build, which will lead to new record installation numbers. Regional growth will be largely driven by Germany and will be balanced by a slowdown in…
New report: North America wind power outlook for 2015
MAKE expects another strong year for North America in 2015 with more than nine gigawatts (GW) of wind power additions, buttressed by higher growth in the U.S. that offsets a slight annual decline in Canada. A late 2014 extension of the U.S. Production Tax Credits (PTC) helps to maintain momentum in the U.S. market through…
Consulting firm finds wind energy LCOE is globally competitive
The global wind energy industry has continued aggressive innovation of advanced technology as subsidy mechanisms are increasingly embattled and as competing fossil fuel prices remain stagnant. With global carbon emission regulations imminent, solar has emerged as the main competitive threat to wind, but solar is unable to reach the same performance as the latest wind…
U.S. development on a fast track after IRS clarification of PTC
This PTC news comes from consulting firm MAKE. This Flash Note examines current US market dynamics and the implications of the IRS guidance on the near term forecast. The note analyzes US order intake, development activity as well as challenges in the Texas wind power market. US forecast scenarios for 2014 to 2017 are provided,…
Divergent outlooks for North America and Latin America
This report summary comes from MAKE Consulting MAKE Consulting expects the Americas region to add nearly 92 GW of new wind power capacity from 2013 to 2020, but the rate of growth will be significantly different between North America and Latin America. Despite macroeconomic headwinds in North America, enough demand exists to support average build…