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Wind power market set to shrink to 1.6 GW in 2008
1 July 2008
German wind power installations in 2008 are forecast to be their lowest in ten years at just 1600 MW, only slightly up on the 1568 MW installed in 1999. At the height of the German wind market in 2002, the country installed 3240 MW in a single year. Nonetheless, German wind capacity could reach 32 GW by 2012 and 44 GW by 2017, up from 22 GW in 2007, according to a market survey by German wind energy institute DEWI for trade fair company Husum Windenergy. The "Wind Energy Study 2008" this year reveals that in 2012, offshore wind in the North Sea and Baltic Sea should account for about 3.8 GW of total German wind capacity, rising to some 11.5 GW in 2017. The significance of the German market for the European wind industry will continue to decline, however. While Europe in 2012 will install 19 GW in a single year, double that expected in 2008, only 2.6 GW of the total will come from Germany. Today, Germany hosts 39% of all wind capacity in Europe. By 2017 the figure will be just 17%.
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