Industry Analysis & Industry Trends
While the American Recovery and Reinvestment Act established incentives for renewable energy development and state governments also implemented favorable clean-energy policies, industry revenue fell during the five years to 2014, due to uncertainties regarding the extension of the PTC. However, downstream operators raced to start projects before the PTC expired in 2013, and strong demand is forecast to carry over to 2014. In the five years to 2019, the industry is expected to further decline, as a result of continued uncertainty regarding the PTC extension. As demand falls, industry operators are anticipated to consolidate manufacturing operations and shift to providing maintenance and support services. Additionally, operators are expected to rely more heavily on international markets... purchase to read more
Industry Report - Industry Products Chapter
Industry firms manufacture wind turbine components, including blades, towers and generators separately. However, all manufacturers deliver completed wind turbines to customers. As such, products and services are segmented according to wind turbine size. According to the American Wind Energy Association, the average wind turbine installed during 2013 had a rating of 1.87 MW, a rotor diameter of 97.0 m and an average hub height of 80.3 m.
Large wind turbines
Large wind turbines are generally used to power larger commercial and industrial operations. These operations demand a greater amount of energy and, in turn, a greater amount of turbines. As a result, large wind turbines are estimated to account for about 70.0% of industry production... purchase to read more