Executive Summary 6

Introduction to Wind Power 7
What is Wind Power? 7
History of Wind Power 8
Status of the US Wind Power Industry 14
Market Statistics 15
Future of the US Wind Market 27

A Look at the Global Wind Market 28
Looking at Europe 32
European Union 32
Looking at Asia 35
China 35
India 38
Looking at North America 39
Canada 39
Looking at Latin America 40
Brazil 40
Mexico 41
Looking at the Pacific 42
Australia 42
New Zealand 42
Looking at Middle East & Africa 43
Egypt 43
Morocco 44
Global Turbine Manufacturing 45
Trends in Technology 45
Manufacturing & Installation of Wind Turbines 49
Investment in Wind Turbines 51

Wind Turbine Manufacturers 52
Bonus Energy 52
Ecotecnia 54
Enercon 55
Fuhrlander 56
Gamesa Eolica 57
GE Energy 58
Mitsubishi Heavy Industries 59
NEG Micon 61
Nordex 62
REpower Systems 63
Siemens 64
Suzlon 65
Vestas 66

Drivers for Wind Energy 70
Security of Supply 70
Environmental Impact 72
Economic Aspects 73
Rise in Employment 74
Climate Change 75
Renewable Quota System 77
Diversification of Portfolio 77

Challenges Facing the Development of Wind Power 78
Difficulty in Obtaining Permits 78
Limitations in Transmission 78
Taking on of Huge Risks 79
Fast-changing Regulatory Frameworks 79

How to Successfully Develop Wind Power 81
Understanding Wind Energy
Resources 83
Looking at the Development Process in 10 Steps 86

Economics of Wind Energy 94
Economic Drivers 94
Levelized Electricity Costs 95
Technical Factors 97
Renewable Energy Certificates 98
Green Pricing 99
Capital Costs 99
Operations & Maintenance Costs 101
Revenue Components 101

State-wise Analysis of the US Wind Industry 105
California 105
Colorado 112
Iowa 113
Illinois 116
Oregon 118
Ohio 119
Texas 122
Washington 129

Major Wind Farms in the US 131
Altamont Pass Wind Farm 131
Benton County Wind Farm 132
Big Horn Wind Farm 132
Biglow Canyon Wind Farm 133
Blue Canyon Wind Farm 135
Blue Sky Green Field Wind Farm 135
Brazos Wind Farm 136
Cedar Creek Wind Farm 136
Centennial Wind Farm 137
Desert Sky Wind Farm 137
Elbow Creek Wind Project 137
Fenton Wind Farm 138
Fowler Ridge Wind Farm 138
Hackberry Wind Project 138
Horse Hollow Wind Energy Center 139
Intrepid Wind Farm 139
Kibby Wind Power Project 140
King Mountain Wind Farm 141
Klondike Wind Farm 141
Lone Star Wind Farm 141
Maple Ridge Wind Farm 142
Milford Wind Corridor Project 142
Mount Storm Wind Farm 142
New Mexico Wind Energy Center 143
Peetz Wind Farm 143
San Gorgonio Pass Wind Farm 143
Sherbino Wind Farm 144
Shiloh Wind Power Plant 144
Smoky Hills Wind Farm 145
Stateline Wind Project 145
Tatanka Wind Farm 146
Tehachapi Pass Wind Farm 146
Trent Wind Farm 147
Twin Groves Wind Farm 147
Wild Horse Wind Farm 148
Wildorado Wind Ranch 149

Major Players 150
ACCIONA Energy 150
Airtricity 153
Cielo Wind Power 156
EDF Energies Nouvelles 157
FPL Energy 158
Energia Hidroelectrica de Navarra (EHN) 159
Eurus Energy 161
Horizon Wind Energy 162
Invenergy 165
PPM Energy 167
Shell Renewables 168
TransCanada 170
UPC Wind 171
VisionQuest Windelectric 173
Western Wind Energy 174
Wind Prospect 175
WKN Windkraft Nord 177

Glossary 179

About the Publisher 184

List of Figures and Tables

Figures
Figure 1: Annual and Cumulative Growth in US Wind Power Capacity 16
Figure 2: Contribution of Generation Types to Annual Capacity Additions 18
Figure 3: Location of Wind Power Development in the US 22
Figure 4: Annual US Market Share of Wind Manufacturers by MW, 2005-007 23
Figure 5: Location of Existing & New Wind Manufacturing Facilities 25
Figure 6: United States‘ Contribution to Global Wind Capacity 29
Figure 7: Estimate of Wind Power Penetration in Countries with the Greatest Installed Wind Capacity 30
Figure 8: Worldwide Cumulative Installed Capacity 30
Figure 9: Worldwide Annual Installed Capacity 31
Figure 10: Region-wise Annual Installed Capacity 31
Figure 11: Top 10 New Installed Capacity (Jan to Dec 2007) 31
Figure 12: Growth of the Wind Power Market in China 36
Figure 13: International & Domestic Players in China's Market (Annual Market Capacity) 37
Figure 14: US Wind Energy Resource Map 85
Figure 15: How the Cost of Wind Energy Varies with Wind Speed & Rate of Return on Capital 95
Figure 16: Capital Cost Breakdown of a 5MW Onshore Project 97
Figure 17: California Wind Resource 106
Figure 18: Existing Wind Resource Areas in California 107
Figure 19: Colorado Wind Resource 113
Figure 20: Iowa Wind Resource 115
Figure 21: Illinois Wind Resource 117
Figure 22: Texas Wind Resource 128
Figure 23: Washington Wind Resource 129

Tables

Table 1: Wind Power Rankings: Top-20 States 19
Table 2: Top 10 US States by Megawatts of Wind Power Generating Capacity (As of June 30, 2008) 19
Table 3: Top 20 Utility Wind Power Rankings 21
Table 4: Annual Turbine Installations, by Manufacturer 23
Table 5: Global Rankings of Wind Power Capacity 29
Table 6: Standard Wind Class Definitions 84
Table 7: Cost Structure of a Mediumsized Wind Turbine 100
Table 8: Major California Wind Farms In Operation 109
Table 9: Major California Wind Farms Under Development 111