With growing incentives by governments and end-user awareness, the global small-wind power market to grow five-fold and capacity more than six-fold by 2020.
2 December 2013
Small-wind power to experience strong growth
With growing incentives announced by various
governments and larger end-user awareness, the
global small-wind power market is expected to grow
five-fold and capacity more than six-fold by 2020.
The small-wind power market is expected to increase
from USD609 million in 2012 to USD3 billion by
2020, at a year-over-year growth rate of 22 percent,
according to a report from GlobalData.
The global small-wind turbine up to 100 kilowatts (kW) cumulative installed capacity is also
expected to witness a significant increase - from 728 megawatts (MW) in 2012 to 4,644 MW by
2020, growing at a rate of 26.1 percent.
The report provides an understanding of the technology and market forces in the global small wind
power market, as well as cost analysis, and data on installed capacity and power generation for the
2008–2020 period in the U.S., Canada, Germany, Spain, UK, China and India.
China, the U.S. and UK contributed to more than 80 percent of the global small-wind power
installed capacity in 2012, with 266 MW, 216 MW and 118 MW, respectively.
“Small-wind power has huge potential in China, due to the large rural population and the
requirement for distributed power systems. The country also has more than 80 small-wind turbine
manufacturers, which produce the largest number of these turbines,” says Prasad Tanikella,
GlobalData’s Senior Analyst covering Power.
“Still, the UK was the fastest growing small-wind power player in 2012, installing more than 50
MW. Its market is expected to grow further due to financial incentives under the renewable
obligation, the implementation of feed-in tariff policies, and streamlining of administrative
Streamlining permitting crucial to ensure growth
Although the future for small wind looks promising, the market could face some obstacles in the
form of economic slowdown, along with zoning and permitting challenges. Further hindrance could
be caused by low public awareness, lack of net-metering programs and certification issues.
“Poor permitting practices and unnecessary restrictive regulations are the major market barriers
discouraging customer interest and investment. Streamlining the permitting process will be crucial
towards ensuring that the growth of wind installation is not hampered by administrative issues,”
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