Global wind O&M market is estimated to reach 10.6 billion dollars by 2016.

17/01/2011 16:52 Renewable


The recently published report “Growth Opportunities in Wind Operation and Maintenance Services Market 2011-2016” states that the global wind O&M market is estimated to reach 10.6 billion dollars by 2016.

Europe has the largest energetic market and will try to maintain its position in this industry. A rapid growth of 27 percent of the onshore wind energy market was registered during 2005-2010 in Asia Pacific and North America. This means, that Europe may lose a relative market share in this industry, and Asia Pacific and North America may become leader due to implementation of projects of wind farms installations in China. The report includes analyses of each of the Chinese, American, European and Indian wind O&M markets, types of services, the role of the energetic market in different regions and in the global energy market, and the analysis of the top 5 service providers in this sector, as well.

Daily (03.03.2021): Oil prices tumbled to two-week lows on Tuesday amid expectations that OPEC will boost output

03/03/2021 10:37:00

Crude oil prices remained on the back-foot for the fourth consecutive day on Tuesday amid expectations that OPEC+ producers will ease supply curbs at their meeting later this week as the global oil demand shows signs of recovery from the coronavirus pandemic. Hence, Brent crude dropped by 99 cents, or 1.6%, to settle at $62.70 a barrel, its lowest close since Feb. 12. U.S. WTI crude fell by 89 cents, or 1.5%, to $59.75, its lowest settlement since Feb. 19.


Brussels opens in-depth investigation into Germany’s coal phase-out plan

03/03/2021 09:10:00

The German Bundestag sealed an agreement in June last year to compensate RWE and LEAG with €4.35 billion for closing the country’s last remaining coal plants and mining operations by 2038.


Global CO2 emissions rising again after nearly 6% fall last year

03/03/2021 09:07:00

Global carbon dioxide emissions dropped by 5.8% in 2020 as the COVID-19 pandemic slowed economic activity, but they rebounded at the end of the year and are on course to rise further, the International Energy Agency said on Tuesday.