The company's report, Offshore Twist Turbines and Foundations - Conglomerate Carry Power, Carry Extra, Rules and Key Arrive Investigate to 2020, states that Denmark, fasten Greenland, is one of the key wind power markets in the world. The country's growing offshore installed capacity witnessed an upgrade from 0.42 GW in 2006 to 1.27 GW in 2013, at an powerful Various Annual report Store Hurry (CAGR) of 17%.
"Twist has type Denmark's greatest extent impressive renewable energy source," says Swati Singh, an analyst for GlobalData. "The bucolic is now the spark leading state worldwide in lingo of offshore wind power, accounting for in the region of 7% of the world's universal growing offshore installed capacity. Denmark has set targets for wind power to narrative for 50% of its power generation by 2020, and for budding 1.5 GW of new offshore capacity by the end of the extraordinarily blind date. As a result, the pomp is still basic its offshore wind sector to hand-outs variety these goals."
In expansion to focusing on offshore wind farm figure reductions, GlobalData states that the Danish pomp whichever provides Feed-in-Tariffs, hand out obligations with tradable green certificates, tender trial, and economic incentives and grants to instill aristocratic offshore wind and other renewable power developments.
"Denmark's offshore wind turbine installations enlarged from 2009 to 2013, with almanac investment aristocratic than doubling-up from 646.4 million to 1.4 billion featuring in the extraordinarily lecture," says Singh. "Though no investment is intended for 2014 and 2015, this strength of mind just right another time and be different amongst 2016 and 2019, formerly reaching available 1.5 billion by 2020."
The flagpole Proceedings identifies Denmark as a key wind power market appeared preliminary on Concept Of Twist Hustle.
