Full Title: Wind Energy Barometer
Author(s): N/A
Publisher(s): EurObserv’ER
Publication Date: 2/2014

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Global wind energy capacity increased by 12.4% in 2013 to 318.6 GW (283.4 GW at the end of 2012), while the global market shrank to 35.6 GW shedding 10 GW. Worldwide market contraction is largely attributable to the collapse of the US market, as a result of the eleventh-hour extension of the federal incentive system. The European market also declined because of investors’ lack of confidence in the region’s new policies. If we take the United States and Europe out of the equation, the global market continued to grow, driven by the Chinese and Canadian wind power sectors.