Industry Analysis & Industry Trends
Demand for wind power generation will take off in the next five years, supported by favorable state-level assistance and lower prices. Investment into wind power generation will soar as the focus on reducing greenhouse gas emissions continues. Over the next five years, stronger economic activity and a focus on energy independence and reducing greenhouse gas emissions will contribute to strong ongoing growth in wind power production... purchase to read more
Industry Report - Industry Investment Chapter
Wind power generation is a capital-intensive process, and the efficiency with which capital is employed has a major influence on the cost of the project. In 2013, operators in the Wind Power industry are expected to spend $8.05 on capital investors for every $1.00 spent on wages. The industry requires minimal labor input following the installation of the wind turbine, and turbines have a long economic life. The most significant cost for industry operators is depreciation as the capital required to generate energy is substantial. While the capital involved in producing wind power requires little operational labor, following installation, maintenance is the only important remaining labor cost.
This ratio will remain relatively constant... purchase to read more