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Analyzing the Wind Power Industry in Austria

Austria wind power market: Latest market research analysed


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2014-02-20 21:20:05 - Analyzing the Wind Power Industry in Austria - a new market research report on companiesandmarkets.com

As demand on finite petroleum reserves and the price of the fuels derived from them continues to rise, renewable forms of energy are becoming more cost-effective and profitable. In the forefront of this renewable revolution is harnessing the sustainable power of wind.

Today it is one of the most positive developments created by the present storm of uncertainty unleashed as a result of escalating oil prices, climate change, environmental degradation, dwindling fossil fuel stocks and dependence on foreign energy supplies.

The rise of wind energy is no longer being looked upon as an alternate source of energy.

Europeans have always been highly favorable to wind energy, and over the last eight years, only new gas capacity has exceeded new wind power capacity in

 

 

the EU. Since 2000, 30% of all installed electricity generating capacity in the EU has been wind power. For 2008, statistics released by the European Wind Energy Association (EWEA) show that 43% of all new electricity generating capacity built in the European Union last year was wind energy, exceeding all other technologies including gas, coal and nuclear power. While wind energy today meets 3.7% of EU´s electricity demand, the technology is already the second largest contributor to economic activity and employment in the area of power plant manufacturing.

Although Austria is a landlocked country with a distinguished hilly topography, meteorological preconditions permit the utilisation of wind energy. First calculations on the basis of wind measuring data assessed at the meteorological stations in the early 80ies rendered the surprising result of annually approx. 6,600 to 10,000 GWh of technically exploitable wind energy potential in Austria. And while only part of this potential is utilized in the light of landscape protection concerns and environmental aspects, this sector has shown a significantly positive development over the past years.

Our report, Analyzing the Wind Power Industry in Austria, is a complete analysis of the wind energy industry in Austria. The report analyzes the present global and regional market scenario, the prevalent wind resources in Europe, governmental policies, future projections, detailed analysis of the leading states/province and much more.

The report is a highly comprehensive research compilation of the booming wind power industry in Austria. The report also provides a look at the overall European energy industry and a brief profile of the global wind power industry as well.

The report, Analyzing the Wind Power Industry in Austria, explores the importance of wind power in today´s world. The report looks at the basics of the wind energy industry, economics, issues and barriers, and other such factors. An analysis of the Austrian wind farms and the major global players in this industry is the highlight of this report.

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Mike King
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