MAKE Downgrades Wind Power Installation Forecast For 2013

Posted by NAW Staff on September 17, 2012 No Comments
Categories : New & Noteworthy

Grid-connected wind energy installations are expected to decrease 0.4% for the period between 2012 and 2014 due to counterbalancing regional changes in 2012 and 2013, finds a new report from MAKE Consulting.

The U.S. installed-megawatt forecast for 2012 has increased, reflecting a greater-than-expected build to get projects grid-connected by the end of this year, in time to qualify for the production tax credit. However, the forecast for installed megawatts in 2013 has been downgraded, MAKE says.

This offsets forecast downgrades in China for 2012, as project delays in the country have pushed expectations for some installed capacity into 2013. Therefore, MAKE has upgraded its 2013 installed-megawatt forecast for China.

In Europe, the outlook for grid-connected capacity for the 2012-2014 period has been trimmed, mainly in northern Europe, but also in southern Europe. The downgrades for Europe are attributed mainly to the delay in offshore projects, primarily in the U.K., and delays in onshore build-out in Sweden caused by depressed energy prices.

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