Subscribe to our free daily newsletters
  Energy News  

Subscribe to our free daily newsletters

Ducker Worldwide Predicts Problems For US Wind Power Industry

File image.
by Staff Writers
Troy MI (SPX) Oct 23, 2008
Although the recent renewal of Production and Investment Tax Credits for alternative energy will provide additional incentive for wind power development, prospects for turbine makers, suppliers, developers, and utilities remain uncertain. Based on recent industry research, Ducker Worldwide believes the industry will continue to struggle with several key issues before realizing its significant growth potential.

Critical challenges facing the wind power industry
Source of Funding - Despite increased renewable energy attention, companies are finding it difficult to raise capital. Potential investors struggle to find opportunities where existing infrastructure is adequate to support new development.

Developers say that they lack statistical research to provide accurate ROI forecasts. Manufacturers say they lack data regarding the market viability of specific technologies, so it is often difficult to justify capital investment to take the wind turbine technology to the next level.

Production Capacity - Wind turbine manufacturers and assemblers continue to face long backlogs due to limited production capacity in gearboxes and bearings in particular.

While a current shortage in large wind turbine bearings is creating a turbine production bottle neck, diversified bearing manufacturers find it difficult to justify production shifts from more secure, high volume market segments to support increasing (but more volatile) demand for wind turbine bearings, without accurate long-term regional demand forecasts.

Chinese supplier improvements - Chinese suppliers are rapidly gaining market share despite their reputation as being second-tier technology providers among key purchasers interviewed by Ducker Worldwide.

Although supply relationships with European gearbox and bearing producers currently give most multi-national turbine providers a size (MW) and performance advantage, Ducker Worldwide's ongoing monitoring of global market share developments suggests that multiple North American and European producers are at risk of share loss - and require a deeper understanding of customer needs to defend territory won.

Ducker Worldwide believes industry players who can address these issues will benefit tremendously in an industry that has the potential to grow nearly 20 - 25% within the next five years.

Email This Article
Comment On This Article

Share This Article With Planet Earth DiggDigg RedditReddit
YahooMyWebYahooMyWeb GoogleGoogle FacebookFacebook

Related Links
Ducker Worldwide
Powering The World in the 21st Century at

Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

Profits up at Spain's Gamesa, but shares fall on factory halt
Madrid (AFP) Oct 22, 2008
Spanish wind turbine maker Gamesa Wednesday said net profits soared during the first nine months of the year but its share price plunged as it announced a temporary production halt at two factories.

  • Ducker Worldwide Predicts Problems For US Wind Power Industry
  • London's First Biogas Fueling Station Installed
  • EESTECH And Aryan Clean Coal Technologies Establish Joint Venture
  • Analysis: Cuba boasts of huge oil reserve

  • Going down! French engineers hunt radioactive elevator buttons
  • RWE eyes nuclear projects outside Germany: report
  • Swedish reactor halted after flaw found at similar plant: agency
  • Czech nuclear plant shuts after turbine fault

  • Measuring The Weight Of Ancient Air
  • On Rocky Mountain Beetle Kill Could Impact Regional Air Quality
  • An Explanation For Night-Shining Clouds At The Edge Of Space
  • Seabird Ammonia Emissions Contribute To Atmospheric Acidity

  • ESA Leads The Way To Map Boreal Forest
  • SKorea announces new 14.2 bln dlr plan to develop wetlands
  • When It Comes To Forest Soil, Wildfires Pack 1-2 Punch
  • EU seeks tougher rules on illegal logging

  • Tuna under threat in key SE Asia ecosystem: WWF
  • Syrian grain output strangled by drought
  • Researchers Turning Freshwater Farm Ponds Into Crab Farms
  • Crop Diversity Key To Ensuring Global Food Supply

  • Analysis: Linking cars to grid cuts CO2
  • Taiwan's bicycle makers riding high amid global financial crisis
  • Software thwarts mobile phone chatting while driving
  • Beijing's new traffic rules fail to curb gridlock, pollution

  • Energy Department has high school contest
  • Researchers Scientists Perform High Altitude Experiments
  • Airbus expecting 'large' China order by early 2009: CEO
  • Airbus globalises production with China plant

  • The content herein, unless otherwise known to be public domain, are Copyright 1995-2007 - SpaceDaily.AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement