Wind Power Generation Capacity and Turbine Deployments: Market Analysis and Forecasts In 2008, United States wind power generation capacity passed the 25 gigawatt mark by adding over 8 gigawatts from the year before, which represented the largest individual gain of any country in the world. This growth rate of 50% exceeded that of the year before, indicating that the market is still relatively young and has room to grow, despite the economic slowdown. The market for wind turbines will continue to grow through 2015 driven by new generation additions as well as replacements of smaller, older turbines with new, larger, more efficient turbines. In 2007, generation capacity from renewable sources made up only 4% of the world’s electricity sources, but 16% of new electricity generation capacity additions were from renewables with wind power making up more than 80% of these gains by renewables. The year 2009 will be a defining moment for wind power markets around the world
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Wind Energy Outlook for North America
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