As countries around the planet continue to look for alternative systems for making energy, wind power has benefited enormously.Wind power has flourished not only because it is a renewable resource, but also because it is becoming cheaper to generate wind generated electricity.
The biggest development in wind power this year is that it is expanding: 18.4 gigawatts of new wind energy has been created worldwide in the first half of 2011 alone, and it’s anticipated that the new wind energy total will be well over 40 gigawatts by year’s end.
China has shown to be the largest leader in new wind power development growth, being accountable for 43% of all new wind energy development in 2011 so far. And professionals predict that China’s wind energy use will likely increase.
Another enormous development is the high concentration of wind power in just a few markets. As nuclear power is making it's way to developing countries in sub-Saharan Africa, 74% of the world’s total wind capacity belongs to just five countries: China, the US, Germany, Spain, and India.
China alone has a total capacity of 52 gigawatts of total wind energy. The Green Energy Act in Canada has opened up USA’s northern neighbor to wind power; so much so that the Ontario province in Canada built 603 megawatts of wind energy in the first half of 2011.
The cost of wind energy has reduced, bringing it closer to parity status with natural gas. Due to that, wind power installations are expected to far exceed that of 2010. In total, the U. S. has a wind power capacity of just over 40 megawatts; while that is less than China or India, it is a noticeable improvement.
The decrease in the cost of wind power, coupled with the increase of wind turbine production internationally has made wind energy development major news in 2011.
Barnhart Crane & Rigging Company proudly serves the wind market. To learn more, please visit Barnhart’s crane service or machinery moving web pages.
