MULTI-BILLION WIND POWER MARKET
Added: (Wed Nov 15 2000)
Pressbox (Press Release) -
15 November 2000 - for immediate use
- NEWS RELEASE -
MULTI-BILLION WIND POWER MARKET
Scottish Enterprise (SE) has embarked on a new drive to assist Scottish companies secure business in the supply of equipment and services to wind energy projects.
Recently completed analysis has identified a total UK wind market in excess of 4,000 MW - believed to be worth about £2.5 billion - by 2010. And SE believes that the global market, where almost 800 MW has been installed in the last three months alone, also has huge potential.
SE’s estimates are based on data published in Supporting Analysis to New and Renewable Energy: Prospects in the UK for the 21st Century and the British Wind Energy Association’s Planning for Wind Energy: A Guide for Regional Targets. These respectively quantify requirements of 3,125 MW of onshore wind plus 1,000 mega watts of offshore wind, and 3,772 MW of onshore wind in the UK during the next ten years.
The SE project is supported by a steering group of members of the Industrial and Power Association including representatives from James Howden & Company and Renewable Energy Systems. Entitled Winning Supply Business in Wind Power Projects, the project will further investigate the needs of the marketplace, identify customers and the capabilities of potential suppliers, and aims to put the two groups together.
A series of roadshow workshops will be held in several different venues in Scotland in the first quarter of next year and a dedicated email address - email@example.com - has been established for companies seeking further information.
“Scottish companies are well placed to supply the goods and services needed by the wind power sector both here in the UK and overseas,” commented Hamish Dingwall, Head of Energy with SE. “Strong engineering skills and manufacturing capabilities exist in Scotland, and we will be undertaking a programme aimed at making companies more aware of the opportunities that exist. As our analysis indicates, there is huge upside potential in this sector.”
Ends 15 November 2000
Issued on behalf of Scottish Enterprise Energy Group by Shandwick International. For further information, please contact:
Hamish Dingwall John Macdonald
Scottish Enterprise Energy Group
Tel: 01224 626310
Tel: 01224 806600
Notes to Editors
1. 1 MW (Megawatt = 1,000 kW (kilowatts). The average electrical power consumption of households in Scotland is less than 1 kW. The rated power output of a single modern wind turbine is typically about 1 MW compared with 500 to 1,000 MW for a large nuclear or fossil-fuelled power station.
2. Scottish Enterprise is the main economic development agency for Scotland covering 93% of the population from Grampian to the Borders. The Scottish Enterprise Network consists of Scottish Enterprise and 13 Local Enterprise Companies. Working in partnership with the private and public sectors the Network aims to build more and better businesses, to develop the skills and knowledge of Scottish people, and to encourage innovation to make Scottish business internationally competitive. The Scottish Enterprise Network Strategy has set four main goals for the Scottish economy including creating a Scotland with innovative far-sighted organisations.
3. The Scottish Enterprise Energy Group is managed within Scottish Enterprise Grampian.
4. For information about Scottish Enterprise, please visit the website as www.scottish-enterprise.com.