Abstract
Wind power in Europe will continue to see steady growth over the next five
years and remain an anchor for the industry amidst rapid, but more volatile,
global wind power expansion. With its many individual wind power markets
operating at different levels of market maturity, Europe presents a
challenging and evolving competitive environment.
Wind Power Development Strategies in Europe 2007-2015 is the most
in-depth market study available on Europe' s wind power development market.
EER' s new study analyzes the strategies of key players competing in these
booming, yet volatile wind markets. This is the third annual study to date by
EER on Europe' s wind markets, and is widely considered the most in-depth and
authoritative market study available on European wind market development.
Trends covered in EER' s market study include:
- Emergence of new growth markets is shifting the strategy focus of
top European development players, looking East and offshore.
- Renewable policy shifts are shaping development environments
throughout Europe, with incentive revisions impacting the wind project
business model.
- Utility strategies are evolving towards greater pan-European
competition as mega utilities comply with renewables obligations and others
look to build competitive advantage.
- Expanding IPPs are devising acquisition strategies and moving
upstream on the value chain to capture early phase opportunities.
- Developers are moving to new markets with a new set of local
players while consolidating in traditional leading countries Germany and Spain.
- M&A deals are climbing into the billions for top wind portfolios,
and competition is rife for teams, assets and pipelines.
- Foreign entrants becoming more active are on the prowl for
acquisitions to gain a foothold in remaining European growth markets.