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 Products Chapter
The Wind Power industry produces a single product, electricity, from a single energy source, wind. Industry companies build out wind farms with varying electric capacities depending on the size of the land available and the strength of wind flows in the area.
Utility scale wind
Utility scale wind, estimated to account for 69.7% of industry revenue, is defined as wind farms that have greater than one megawatt (MW) of energy capacity. One MW of energy equates to enough power to provide electricity to 200 US households Large independent power producers and utility companies typically build these wind farms, and they require significant investment to undertake. Companies involved in this service generally do not have distribution operations... purchase to read more