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Mood good in global wind energy sector

Mood improving for the wind markets in Asia and North America, WindEnergy trend:index finds

The wind industry is more positive about the political and legal framework for global markets than in spring and for the entire offshore sector, according to the WindEnergy trend:index (WEtix), launched during WindEnergy Hamburg in September. The trend is improving slightly e.g. in Asia and North America.

More interviewees

Around 1,655 experts worldwide took part in the survey and this time about 1,000 interviewees answered all the questions compared to 1,200 participants in the spring survey with roughly 700 responding to all questions. This represents an increase of one quarter with a highly representative coverage: “We are happy to see that the global mood barometer for the wind energy sector is well established,” said Claus Ulrich Selbach, Business Unit Director at Hamburg Messe und Congress. “There is a strong need in the industry for information that can provide guidance in a complex market environment.“

Huge potential in development of modern technologies

The participants were also asked to assess technological developments. Many expect further developments to reduce costs. In reference to the offshore segment, about two thirds of the roughly 1,000 respondents agreed. A clear majority of experts believe digitalization has high or very high potential with affirmative or highly affirmative responses now at 22 per cent compared to 18 per cent last spring for the onshore segment, and at 24 per cent,up from 22 per cent, for offshore.

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