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Asia as the future growth market for wind energy?

Asia as the future growth market for wind energy?. Aidan Cronin, Vestas Wind Systems A/S EWEC Milan 2007. This presentation is meant for debate only and does not purport to represent the thoughts, plans or strategies of Vestas Wind Systems A/S or any of its subsidiaries.

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Asia as the future growth market for wind energy?

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  1. Asia as the future growth market for wind energy? Aidan Cronin, Vestas Wind Systems A/S EWEC Milan 2007 This presentation is meant for debate only and does not purport to represent the thoughts, plans or strategies of Vestas Wind Systems A/S or any of its subsidiaries. Vestas reserve the right to change this presentation before delivery

  2. The forecasts

  3. Maturity in Asian Markets

  4. The challenges in ASIA • Support or sufferance?? • Turbine market tight but; • New entrants • European Licensing • European designs • Local designs • Certification • Grid • Sufficient capacity? • Access • Correct type • Correct control • Main components • High local content • New entrants • Powering up wind brains • Higher prices of RM – Big v Bigger • IPR WAR

  5. Environment with a big W E is back The carbon question The carbon answer The coal question Market Growth line of 3 years ahead in wind Huge economic growth and growth in energy use Power at a premium You will see wind at a New scale & new system Asian opportunities

  6. Wind in the Asian Future? • Water - soon the new Oil? • Beware the myth of success • Using an old set of wheels when we need new • Power Systems and wind need to be reinvented in the next 10 years • The time tunnel & mission impossible • Mature or adolescents???? • Asian menace or Asian millennium?

  7. GRAZIE WIND --POWER with VISION--

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