Record growth and new players

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The world wind power market grew by 21% last year and output from wind plant now meets 0.1% of the world's demand for electricity, reports BTM Consult Aps in its just released "World Market Update 1997." Annual growth for the next five years is predicted at 17.9% and cumulative wind power capacity will grow at 21.6% a year, states the report.

Global installed wind power reached 7636 MW, according to BTM Consult, consisting of 35,000 wind turbines installed over the past 18 years. The capacity will produce 15 billion kilowatt hours in 1998. In the next five years some 12,600 MW of new wind capacity will be installed, representing cumulative sales of $12 billion by 2002 in 1997 prices.

Most growth has been -- and will continue to be -- in Europe. In 2002 wind power capacity is projected to be 12,449 MW in Europe, 2886 MW in the United States, 3057 MW in Asia (mainly India and China) and 1001 MW in the rest of the world, where North Africa leads the way followed by the countries of the former Soviet Union.

A hit list of the top 11 wind turbine manufacturers is included in the report. Danish companies Vestas and NEG Micon, with respective market shares of 18.9% and 16.4%, head the list followed by German Enercon (9.2%) and Bonus of Denmark (9%). Making it into the list for the first time are three Spanish wind companies, Gamesa (2.4%), Made (1.6%) and Desarrollos (1.2%), as well as Enron Wind Corporation of the US, which makes it into eleventh place with 0.7% of wind power sales in 1997. The remaining three companies in the list are Tacke (4%) and Nordex Bälcke-Durr (2.5%) of Germany and Danish Wind World (6%).

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