Global Wind Power Market Potential

Navi Mumbai, Maharashtra India (PressExposure) September 25, 2007 -- Bharat Book Bureau, a leading market information aggregator has put forth a report ‘Global Wind Power Market Potential ‘([http://www.bharatbook.com/detail.asp?id=26003])

Wind is simple air in motion. It is caused by the uneven heating of the earth’s surface by the sun. Since the earth’s surface is made of very different types of land and water, it absorbs the sun’s heat at different rates. Today, wind energy is mainly used to generate electricity. Wind energy is also world's fastest growing energy source and is a clean and renewable source that has been in use for centuries in Europe and more recently in the United States and other nations. Wind turbines, both large and small, produce electricity for utilities and homeowners and remote villages.

Wind energy is a clean energy source as electricity generated by wind turbines do not pollute the air or emit pollutants like other energy sources. This means less smog, less acid rain and fewer greenhouse gas emissions. Every 10,000 MW of wind installed can reduce CO2 emissions by approximately 33 MMT annually if it replaces coal-fired generating capacity, or 21 MMT if it replaces generation from average fuel mix.

Many developing countries have little incentive to use wind energy technologies, to reduce their emissions despite the fact that the most rapid growth in CO2 emissions is in the developing world. Two related activities could give both developed and developing countries incentives to develop wind projects. The first is joint implementation, a program under which firms from the developed countries can earn carbon offsets by building clean energy projects in the developing world. Developed nations should endorse and push for joint implementation to move from its current status to full-scale implementation.

The second activity is the World Bank's Global Environmental Facility (GEF), which can cover the incremental cost of developing environmentally benign or beneficial projects in the developing world, such as building a wind project instead of an apparently cheaper coal project. This incentive is particularly important for countries such as China and India, which have tremendous power needs and must build energy capacity quickly at the lowest possible cost.

This report examines global wind power market potential.

For more information, Please visit : [http://www.bharatbook.com/detail.asp?id=26003]

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About Bharat Book Bureau

Bharatbook.com, a leading information aggregator, facilitates and supports the business information needs for market research , corporate / strategic planning by providing the latest information in the form of reports, journals, magazines and databases on varied industries like automotive, oil and gas, shipping, textiles, pharmaceuticals, energy, banking, finance, insurance, risk management, country intelligence, consumer & durable goods, chemical and more. With over 90,000 reports, you can get instant access and insights on the studies in your areas of interest. For more information, call at +91 22 27578668 / 27579438 or email info@bharatbook.com or our website http://www.bharatbook.com

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Press Release Submitted On: August 07, 2007 at 11:16 pm
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