Copy of Wind Energy Market Analysis

8/9/2019 Copy of Wind Energy Market Analysis

http://slidepdf.com/reader/full/copy-of-wind-energy-market-analysis 1/16

Wind Energy Market Analysis



What is Wind power ?Wind power is the conversion of wind energy into a useful form of energy,such as using wind turbines to make electricity, wind mills for mechanical

power, wind pumps for pumping water or drainage, or sails to propelships.

Shortage of fossil energy C

limate ch

ange caused byCO2

emissio

nNow a days many countries focus on energy and envir onmentpr oblem and make new energy strategy.

Wind power is a choice.



Market Size of Wind Energy in India

India has a potential capacity of over 40,000 MW that can be extracted from the free and ecofriendly energy source of wind. So far only 1700 MW has been tapped which is just about 2.

percent of the current identified potential. India is implementing the world's largest windresource assessment program comprising wind monitoring, wind mapping and complexterrain projects. This program covers 800 stations in 24 states with 193 wind monitoringstations in operation at present. Indian Renewable Energy Development Agency (IREDA)sponsored wind power development program provides financial assistance for the projectand extends equipment financing.



Wind Power Growth*8712 MW as on 31st Mar-08 *Fourth Largest in the World



* % growth on declining trend * Growth directly related with µPolicies¶



Top 10 Wind Turbine Supplier by Megawatts installedworldwide in 2009

1. Vestas (Denmark) 35,000 MW[1]2. Enercon (Germany) 19,000 MW[2]3. Gamesa (Spain) 16,000 MW[3]4. GE Energy (Germany / United States) 15,000 MW[4]5. Siemens (Denmark / Germany) 8,800 MW[5]

6. Suzlon (India) 6,000MW[6]7. Nordex (Germany) 5,400 MW[7]8. Acciona (Spain) 4,300 MW[8]9. REpower (Germany) 3,000 MW [9]10.Goldwind (China) 2,889 MW

[10]



TECHNICAL COMPETITIVE STRATEGIES :

Main wind energy competitors have common characters, mainly infour aspects:

Conf irm technical competitive strategy based on domesticdemand,

Pr

om

ote t

he tec

hnical c

ompetitive ambiti

on by

Patent strategy,

Enhance technical and market competence thr ough mergersand acquisition and

Realize technical competitive intention by joint research.



3.TECHNICAL COMPETITIVE STRATEGIES

3.1 To confirm technical competitive strategybased on domestic demand In Eur opean countries and Japan, oil, coal

and natural gas resource are limited, but thewind power is abundant.

They were active to pr omote wind power utilization in their domestic market in past

decade. Then they occupy the international wind

power market based on technicalpredominance eventually.



3. TECHNICAL COMPETITIVE STRATEGIES

Shortage of fossil energy Climate change caused by CO2 emission

Now a days many countries focus on energy and envir onmentpr oblem and make new energy strategy.

Wind power is a choice.




To promote the technical competitive ambition byPatent strategy

The top assignees in Chinese patent databaseand in DII databases are almost same.

Th

e Germanyw

ind mo

to

r patents applied inChinese are mainly owned by Wobben. A (75) and Siemens Company.

59 United states¶ wind motor patents applied inCh

ina areow

ned by General ElectricCo

mpany(GE).




Denmark Vestas Wind System, thelargest wind electricity generator manuf acturer in the world, owns 41 patents in China.

Japanese wind motors patents applied in

China are owned by more than 20companies, including Mitsubishi heavyCo. (8), Shinko Electric Co.(5), FujiHeavy Industry Co. (4).




Considering the counterintelligence, the wind power

companies used some patent tactic: Using the diff erent assignee names would conf use the

competitors in patent collection and analyzing. In DII, wind motors patents of Mitsubishi Company

applied by Mitsubishi Jukogyo KK(167)MitsubishiElectric Corp(26), Mitsubishi Heavy Ind Ltd (18),Mitsubishi Denki KK(6).

Patents of wind motors company Enercon is 0, since allpatents¶ assignee and inventor are Wobben A.



Indian Government incentive scheme for wind energy projects :

The Ministry of New and Renewable Energy (MNRE) has announced an incentive of 50

paise per unit of wind power f ed by independent power pr oducers into the grid.

The generation-based incentive (GBI) is aimed at attracting investment in the windenergy sector and increasing the quantum of grid-interactive renewable power.³We areimplementing the GBI scheme for grid-interactive wind power pr oducers f r om today.This would def initely boost wind power pr oducers and help in cutting carbon emission,´New and Renewable Energy Minister Far ooq Abdullah said.

The incentive has been capped at Rs 62 lakh per Mw and the total yearly disbursementwill not exceed Rs 15.5 lakh per Mw for the f irst four years. The sops, to be continued tillthe end of the current Plan period (2007-12), will be pr ovided to companies thr ough theIndian Renewable Energy Development Agency (IREDA), the f inancial developmentagency for the renewable energy sector.The incentive, however, will be limited to windpower generation plants with a maximum installed capacity of 4,000 Mw.

The scheme will allow the investors, apart f r om getting the tariff determined by the stateregulatory commissions, also get an incentive of 50 paise per unit of electricity for aperiod of 10 years, pr ovided they do not claim the benef it of accelerated depreciation.



The domestic industry has welcomed the incentive scheme.³The GBI pr ogramme will create an attractive investment

market for large integrated power pr o jects and foreign directinvestors, which will f acilitate pr o jects of 50 Mw and above.It is an extremely positive step for the industry in India,´ saidTulsi Tanti, chairman and MD of Suzlon Energy India¶slargest wind turbine maker.

Wind energy accounts for over 70 per cent of the total15,540 Mw of installed renewable energy generationcapacity in India. The country is likely to spend over Rs

1,00,000 cr ore in setting up renewable energy generationcapacity by the end of the current Plan period, Debashish Majumdar, chairman of IREDA, had informed earlier thisyear.



Utilities must maintain enough power plant capacity to meet expected customer electricity demand at all times, plus an additional reserve margin. All other things being equal, utilities generally pref er plants that can generate as needed(that is, conventional plants) to plants that cannot (such as wind plants).However, despite the f act that the wind is variable and sometimes does notblow at all, wind plants do increase the overall statistical pr obability that a utilitysystem will be able to meet demand requirements. A r ough rule of thumb is thatthe capacity value of adding a wind plant to a utility system is about the same

as th

ew

ind plant's capacityf act

or multiplied by its capacity.

Thus, a 100-megawatt wind plant with a capacity f actor of 35% would be similar in capacity

value to a 35-MW conventional generator. For example, in 2001 the Colorado Public Utility Commission found the capacity value of a pr oposed 162-MW windplant in eastern Colorado (with a 30% capacity f actor ) to be appr oximately 48 MW.

Customers Electricity demand f r om Wind Energy



THANK YOU

Documents

Copy of Wind Energy Market Analysis