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Being an emerging fuel source a decade ago, wind energy has grown rapidly into a mature and booming global industry, primarily due to global concerns over climate change, energy security and declining costs of wind power generation. Despite the near term slowdown, the long term prospects of wind power remains bright with the major economies getting serious about cutting carbon emissions. It is estimated that total wind installed capacity across the world will grow at a CAGR of 19.75% between 2008 and 2015 to 425GW by 2015.
The report – Trends in Global Wind Power Markets (2009) – analyzes worldwide trends and recent developments in the wind energy technology. The report starts off with a brief overview of the global wind energy market which contains data on global wind energy deployment, current installed capacity and outlook for the industry. The report then discusses various factors that are affecting the wind power market, from growth drivers to market barriers. After that, report discusses in detail various policy trends that have impacted the wind power market in recent years, covering national and international policy agreements and initiatives taken across the globe to support wind power technology. Cost and pricing related trends are also presented to give current and future generation costs. Finally, the report investigates developments and trends in top 10 countries across the world (based on installed capacity in 2008). For each of these countries, report covers current installation trends, government policy and support and future projections for the wind capacities.
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