The global wind power industry installed 7,976 megawatts (MW) in 2004, an increase in total installed generating capacity of 20%, according to figures released this month by the Global Wind Energy Council (GWEC) this month. Global wind power capacity has grown to 47,317MW.
The countries with the highest total installed wind power capacity are
Europe continued to dominate the global market in 2004, accounting for 72.4% of new installations (5,774 MW).
‘Europe is the global leader in wind energy, but we are witnessing the globalisation of the wind energy markets. In Europe, the market has experienced average annual growth rates of 22% over the past six years; however, the further rapid progress that the industry is capable of delivering is constrained by barriers such as grid access and administrative hurdles,” said EWEA President Arthouros Zervos.
Growth in the
However, since the PTC will expire again in December 2005 unless Congress moves quickly to extend the incentive, the
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