Ceramic Industry News / Advanced Ceramics / CI Advanced News / Market Trends / Glass

Wind Power Expected to Supply over 7% of Worldwide Electricity by 2018

July 31, 2014
Headwinds in several key markets, including the U.S. and Spain, slowed growth in the global wind power market dramatically in 2013. Still, wind power now supplies nearly 3% of the world’s electricity, and is expected to grow significantly over the next several years. According to a recent report from Navigant Research, wind power will deliver 7.3% of the electricity consumed worldwide by 2018.
 
“Last year was the first in which the wind industry experienced negative growth since 2004, but there are signs that the 2013 slowdown will turn out to be an anomaly,” said Feng Zhao, research director. “As wind turbine vendors search for new opportunities in emerging markets, primarily in Latin America and Africa, and develop machines for maximum energy production in low wind speed areas, the industry is expected to add another 250 gigawatts of capacity through 2018.”
 
Helping to drive that growth will be the offshore market, which saw 13 new projects installed in 2013, adding 1,720 megawatts—a 50% increase over 2012. Nearly half of all new offshore capacity in 2013 was installed in the UK, according to the report, with all of that capacity supplied by Siemens, the world’s largest supplier of offshore turbines.
 
For more information, visit www.navigantresearch.com.

Did you enjoy this article? Click here to subscribe to Ceramic Industry Magazine.

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

June 2014 Issue Highlights

Our June 2014 issue is now available!

Podcasts

Manufacturing Day 2014

Manufacturing Day organizers share their insights with Managing Editor Kelsey Seidler.

More Podcasts

Ceramic Industry Magazine

CI September 2014 cover

2014 September

You won't want to miss the CI Top 10, traditionally our most popular article of the year!

Table Of Contents Subscribe

THE CERAMIC INDUSTRY STORE

M:\General Shared\__AEC Store Katie Z\AEC Store\Images\Ceramics Industry\handbook of advanced ceramics.gif
Handbook of Advanced Ceramics Machining

Ceramics, with their unique properties and diverse applications, hold the potential to revolutionize many industries, including automotive and semiconductors.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

Directories

CI Data Book July 2012

Ceramic Industry's Directories including Components, Equipment Digest, Services, Data Book & Buyers Guide, Materials Handbook and much more!

STAY CONNECTED

facebook_40px twitter_40px  youtube_40pxlinkedin_40google+ icon 40px