Development

The pace of wind plant installations has been steady but moderate in the past half year, with 600-700 MW added to the global total. Once again it is Spain and Germany doing the running, accounting for about two-thirds of this year's development so far, helped mainly by Denmark and the Netherlands. Britain and America have contributed a half score each and Japan continues to add a megawatt or more a month. Of big one-off projects, Morocco stars with the inauguration of its first 50 MW.

There is much development to come. By the time of our next Windicator, Europe will have raced past 10,000 MW. Spain (which has a deal more than 1700 MW installed right now but has projects lacking grid connection) has a further 1200 MW either under construction or soon to start building. In Germany, commercial wind plant developers alone are seeking limited liability capital to get about 1500 MW of projects on the go. China has secured loans from various, mainly international, sources for nearly 450 MW of new wind and expects to have 3000 MW on-line in 2005. In the US, several large projects are in various stages of planning or tender. Last, but far from least, not only is Denmark's first large scale (40 MW) offshore wind plant due on-line this year, the country is seeing a veritable rush of development to make use of the tail end of the state program of subsidised payments for wind.

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