Fuel prices went as high as $15 per thousand cubic foot as compared with previous years’ $5-$7 averages. This trend has alarmed various groups- like economists and environmentalist– and are now promoting energy and environmental advocacies. With the cost (and pollution levels) of traditional energy sources such as burning coal and other burnt resources being powerfully high, countries are forced to look at other, more reusable energy sources to meet their needs. Wind energy is cited to be one of effective alternative.

The use of alternative energy like wind energy has significantly increased in the present days. In fact, in South Africa, residential wind energy system is gaining popularity and usage. Wind energy is also being harnessed in places in Europe and North America.

Majority of forms of wind power generation are used by the people of Europe. Once the government gets fully on board with wind energy, it can certainly be a huge potential source of electricity for the entire country. Other countries in Europe are beginning to take notice as well, with estimates that over 50 million consumers could be obtaining wind powered electricity in the next 10 years.

Equipment Used In Wind Power Generation

We have what we call, shaft. This shaft actually creates the energy that is then stored or converted into electricity. Wind turbines turn with the wind, and then this turning generates enough momentum to charge energy storage cells (such as batteries).

Advantages Of Harnessing The Wind Energy:

1. Wind energy is also absolutely renewable, as it uses no fuel or other resources that can be expended.

2. If you are considering going green, wind is an energy model with a lot of positives.

3. Wind energy is cleaner, cheaper and more reusable than many of the current sources of energy used in this country.

Some Reason For Harnessing Wind Energy:

1. The bigger issue is getting them to generate enough energy at as low a price as possible to develop them a viable energy production platform.

2. Wind energy is available in practically any country, which means no reliance on foreign sources.

3. There are a number of reasons why wind power is part of our energy solution.

Generating Wind Power From Wind:

This process is natural and simple, but produces a outrageous amount of energy. This process is similar to hydro power with wind being used instead of water. We then transform it into usable electricity by catching it with wind turbines.

Some Tips For Generating Wind Energy:

1. Given this situation, ideal areas for wind farms are often along shorelines or in valleys funneling winds from the shore.

2. Shorelines serves fertile wind generation areas.

3. As a surface heats up, the air rises and cooler air rushes in to replace it.



By: Bercle George

About the Author:

Global Wind Energy Market Analysis and Forecasts to 2012 Report ( http://www.bharatbook.com/Market-Research-Reports/Global-Wind-Energy-Market-Analysis-and-Forecasts-to-20121.html ) provides a detailed analysis of current global wind energy installations as well as the forecasts of worldwide wind energy installed capacity until 2020. The report details historical and current statistics relating to wind energy installed capacities and their growth scenarios until the year 2020. It also provides an analysis of the historical and forecast growth of installed capacity, and the market structure and regulatory policies that govern the world’s key wind power countries. The report further includes information relating to the important cost, technological, market, and research and development (R&D) trends on a global basis. It also analyzes the wind power deals that have taken place over the years and gives detailed profiles of the top five market players for each of the sub-sectors in the global wind energy industry.

 

The report facilitates market analysis and forecasting of future wind energy industry trends. It helps identifying growth segments and opportunities in the energy industry. The news and deals portfolio provided in the report helps an investor to gauge the global wind energy market and accordingly direct their investment.

 

Of the available renewable energy sources, wind is the most established commercial generating technology with highly effective and reliable equipment and machinery. It has observed tremendous growth, with the total installed capacity augmenting from 23,900 MW in 2001 to over 121,013 MW in 2008, reflecting an annual growth rate of 26% for the 2001-08 period.

 

Annual Wind Energy Installations to be Impacted by the Financial Crisis

The current financial crisis is severely affecting the growth of wind energy globally. The global wind energy industry is witnessing many cancellations of turbine orders, freezing up and sale of wind farms, and difficulties in securing financial aid for new projects. The worldwide annual wind energy installations will trickle down by more than 15% in the years 2009 and 2010, as against the growth rate of 35% in the new installed capacity of 2008. This will further result in a dip in the demand for wind turbines.

 

Increasing Mergers and Acquisitions to be the Outcome of Financial Crisis

Wind farms are capital-heavy projects with significant up-front investment that can be financed only by large utilities and investment groups. The critical short-term challenge faced by most wind power developers is financing, particularly for under development projects. The economic downturn, resulting in the failure of some of the world’s largest investment banks, has led to an increase in the cost of capital for wind energy projects. Against this backdrop, only a few large wind power companies will be in a position to pursue their project development plans. Shortage of financial resources with smaller players would give an opportunity to the big giants to takeover or form alliances with such companies, thereby increasing the level of consolidation in the wind energy industry.

 

Strong Growth Prospects of the Offshore Wind Energy Market

The offshore wind energy market is attracting investors in the wind segment. The global offshore cumulative wind energy installed capacity has increased from 86 MW in 2001 to 1,475 MW in 2008. Most of this capacity is predominantly concentrated in the European region. Currently, there are nearly 5 GW of new offshore wind energy projects in the development phases in Europe. The US has also planned to develop over 2,320 MW of offshore wind power projects, while China has 520 MW of offshore capacity under construction or in planning. Increasing focus on the offshore wind energy sector is principally because of the greater power generation potential at such locations. Offshore sites are also suitable for wind power generation because there is no space constraint. Additionally, offshore wind projects offer multi-fold advantages i.e. large wind turbines can be installed at the offshore sites because of the greater wind speed, thereby enabling it to generate more units of power.

 

Contact us at:

Bharat Book Bureau

Tel: 91 22 27578668

Fax: 91 22 27579131

Email: info@bharatbook.com

Website: www.bharatbook.com



By: bharatbook

About the Author:

Should I build a Vertical Axis or Horizontal Axis Wind Turbine for this? We get a decent amount of wind every year (12 MPH in winter and 8 MPH in summer), the turbine would be no higher than 20 feet. So should i make a VAWT or HAWT? If you say VAWT don’t say ‘because it’s easier’ because I need to get as much power as I can outta this.

By: jchalase

About the Author:

I’m trying to find more info on what my bill will look like if I swap to wind power thru OG&E @ 12000 kWh. I know it’s $7 per day but what else will show up on my bill?

By: Mike R

About the Author:

Please describe me how solar and wind power is utilized for farm production and animal husbandry in developing countries.

By: Dushi K

About the Author:

I want to make residential wind power for my home.

I live in a built up area so I cannot have one of those massive things spinning around in my backyard.

I want to make one of those smaller windmills I always see on roof tops? Anybody have some instructions for me?

By: r34gtrowner

About the Author:

What are the benefits of wind power compared to nuclear energy and which countries already use wind power?

By: kerry B

About the Author:

It is safe to say that wind energy is essentially free energy. It comes from the heating effect of the earth’s surface by the sun. This heating effect is irregular because of the uneven surface of the earth. It therefore gives rise to airstreams that move between the cooler zones and the hotter zones. This is the wind that blows and that makes the blades on the wind turbines move and thus generate electricity.

Wind energy business model: financing of wind energy

In the nineteen eighties the wind energy generators that were installed typically showed a cost of 30 cents per kilowatt-hour period. This in itself was not a very attractive price compared to the conventional power generators that existed already. However over the last twenty years fossil fuel prices have gone up, and wind generation prices have come down. Today we see a reduction of almost 80 percent in the cost per kilowatt-hour thanks to these factors and the latest high technology wind turbine generators. 5 cents per kilowatt-hour is a common phenomenon now. This is clearly an extremely advantageous rate at which to pay for one’s electricity.

Further advantages favor wind energy compared to fossil fuels. Wind energy is easily harvested on farms and ranches, which have an abundant supply of this free energy source. Wind energy is available to anyone who lives in an area where the wind blows. There are no imports necessary or even possible from foreign countries. This is a great difference compared to fossil fuels where importing large quantities of such fuels is a normal if unfortunate occurrence. Fossil fuels of course also are highly polluting and not a renewable source of energy.

To make sure that the wind energy generation can be done in a profitable and effective manner, it is necessary to select a site with certain minimum criteria. Wind speed, for example, which is directly correlated to the amounts of electricity that can be generated, must be at least 5m per second in this case.

Improving the financials for wind energy even further

A wind energy developer applying utility financing to wind energy power plants can already generate wind power for as low as 5 cents per kilowatt-hour from a standard 50 MW wind power plant. However this price for kilowatt-hour can drop to as little as 3,5 cents, which is a 30 percent reduction. Wind power generation in this sense is even more attractive compared to say gas power plants and it is clear that wind power generation costs will continue to decrease in the coming years.

Save money and save the environment at the same time!

The environmental question of course is a very important one concerning wind energy and any other renewable energy source. Wind energy is clean. This is in comparison to say coal emissions from coal fired energy plants, which release very small dust particles into the atmosphere. These dust particles can have a serious sometimes fatal effect on human beings because of the cardiovascular and respiratory diseases that can be provoked. They may also result in a higher infant mortality rates for the same reason. Coal plants of course are also responsible for the production of greenhouse gases and the phenomenon such as acid rain. Use of coal power plants can be clearly linked to both a worsening visibility in the earth’s atmosphere and global warming.

Wind power now needs to be set-up with the long-term power generation contracts to solidify and consolidates market acceptance of this new and renewable energy source. The advantages that should allow this to happen include the minimum cost of life cycle for wind energy plants, because they have minimum operating expenses and no fuel purchase is necessary. Wind energy can be used and reused, but will never contribute to any of the pollution that is generated by the conventional fossil fuel power plants.



By: Jim Martin

About the Author:

What would be cheap available solution to pump water 40 to 60 foot high. Can I build something to utilize wind power or solar power and some technique to lift water cheap? I like to use as little money as possible for this task.

By: CheezeL00ver

About the Author:

It is supposed to to be unique, appropriate, and interesting. You can include something about fossil fuels harming the environment too if you want.

Example: A New Future- Wind Power

By: Kevin

About the Author: