Forecast and Performance of Wind Turbines

Abstract

Problem statement: Wind energy industry is a nonprofit organization that works hands-on with local and community based wind projects, providing technical support to create an understanding of wind energy opportunities for rural economic benefit. This study provides a detailed vision of the global wind power market and the Indian wind market in particular. It also helps in analyzing and forecasting key metrics relating to the installed capacities, market size and growth. Approach: It helps lay the foundation to build markets for locally owned wind projects in the southeast of Tamil Nadu as well as to help rural landowners and communities benefit more from corporate owned wind projects. As part of this effort, this study organizes state, regional and national wind energy for aimed at moving the wind energy policy and project development dialogue forward, especially regarding community wind projects. Results: This study is designed to give an overview of the wind energy industry and the many benefits and challenges to wind power development in India today. Yet most research in the wind industry remains focused on near term issues, while energy system models that focus on century-long time horizons undervalue wind by imposing exogenous limits on growth. This study fills a critical gap in the literature by taking a closer look at the importance, growth and tariff of large-scale wind. The report helps to comprehend the wind turbine industry and the regulatory framework regarding the wind market in India. It offers interesting results on the market share of the top manufacturers in the India wind turbine industry. Additionally, it also provides the profiles of ten major wind turbine companies in India. Conclusion/Recommendations: This has been an ongoing process to discover the best combination for a given environment in which the wind turbine has to operate and with various challenges met, India would be in a better position to develop and carry forward its own determined initiatives to better the prospects of the wind turbine technology in the coming years. This sectoral innovation systems framework is especially useful tool for analyzing the growth of wind turbine industry and in its essence to preserve the environment with reduction in carbon dioxide emissions.