The offshore wind energy market for years has been thought to depend on subsidy whims. But giant wind turbines may rise in the next decade to increase efficiency and decrease reliance on subsidies.
Sources: Dong Energy UK; Nextwind Inc. Reuters.
Europe’s wind capacity
WindEurope’s “Central Scenario” predicts that market concentration in Germany will decrease from 40% in 2016 to less than 30% in 2020 because of developments in France and Spain.
Wind power market share by region
Source: WindEurope. Reuters.
US wind turbine power
How Siemens Gamesa and Vestas fare in the US wind market.
2017 wind power
Total capacity from January to September
*Does not include 14 GW from projects with no fixed supplier.
Sources: US Department of Energy; US Wind Industry Third Quarter 2017 Market Report, AWEA. Reuters.