WORLD WIND ENERGY NET

Many industries are currently worried about their short to medium-term prospects. Not the wind power industry, apparently. The Global Wind Energy Council (GWEC) forecasts a 155% growth, with installed capacity reaching 240 gigawatts by 2012.

Part of the optimism is due to the fact that both the U.S. and Chinese markets for wind power are growing faster than was expected only a year ago, and the growing Chinese manufacturing capacity for wind turbines is also helping. Things are changing so fast, maybe even these new forecasts will later turn out not to have been optimist enough.