The wind energy industry is continuing to expand worldwide with the industry ebbing and flowing as global governments decide policy on supporting renewable power and then reconsider the economics, causing delays in financing major projects.
The industry is caught in the financial tide but is growing with offshore and new countries coming into the marketplace. The US wind energy industry will be helped by the renewal of the Production Tax Credit in 2013. The manufacturers of wind turbines are constantly looking at new regions and types of turbine to keep their market share. In terms of the wind blades, the industry not only supplies blades for new turbines, but also to upgrade and provide replacements for established generators. This means setting up composite construction facilities worldwide to ease the transport logistics of large blades so ports are the most popular locations. Thus in the UK the ports are competing to win new blade business to supply the planned offshore wind farms – the UK is expected to be the global leader in wind farms at sea.