Entrepreneurship & the Wind Market David Osterberg U of Iowa & Iowa Policy Project
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2005 Community Entrepreneurship Academy “Creating Communities that Support Entrepreneurs” Manning, Iowa – 10/21/05 Entrepreneurship & the Wind Market David Osterberg U of Iowa & Iowa Policy Project
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2005 Community Entrepreneurship Academy “Creating Communities that Support Entrepreneurs” Manning, Iowa – 10/21/05. Entrepreneurship & the Wind Market David Osterberg U of Iowa & Iowa Policy Project. Capacity in 2002. Top wind energy markets, worldwide 2003. - PowerPoint PPT Presentation
Transcript of Entrepreneurship & the Wind Market David Osterberg U of Iowa & Iowa Policy Project
2005 Community Entrepreneurship Academy
“Creating Communities that Support Entrepreneurs” Manning, Iowa – 10/21/05
Entrepreneurship & the Wind Market
David OsterbergU of Iowa & Iowa Policy Project
Capacity in 2002
Total World wind power generation, by regionWorld total: 31,127 MW
10%
75%
15%
Europe (23,291 MW) United States (4,685 MW) Rest of World (3,151 MW)
Top wind energy markets, worldwide 2003
• Total MW installed by end of 2003 • Germany 2,645 14,609• USA 1,687 6,374• Spain 1,377 6,202• Denm’k 243 3,110• India 408 2,110• Japan 272 686
Top wind energy markets,worldwide end of 2004
• Total MW installed by end of 2004 • Germany 2,020 16,629• USA 366 6,740• Spain 2,061 8,263• Denm’k 7 3,117• India 890 3,000• Japan 189 874
Additions over last 3 yearsTop Nations
Country 2002 2003 2004
Germany 3247 2645 2020
Spain 1493 1377 2061
USA 410 1687 366
Denmark 497 243 7
India 195 408 890
India
• World-wide Installed capacity World-wide installed capacity by the end of March 2005 has reached to 50,630 MW. India has attained fourth position by superseding Denmark. The first five countries are Germany (17000 MW), Spain (8959 MW), USA (7000 MW), India (3595 MW) and Denmark (3115 MW). (Source : Wind Power Monthly, July 2005)
• Wind Power Capacity reached 18% in Tamil Nadu With 2037 MW installed capacity, wind power in Tamil Nadu is now 18% of total installed capacity of 11113 MW by all sources as on 31.03.2005.
North Dakota could supply 36% of the 1990
electricity consumption of USA
Wind Resource of Each State
While Denmark produces 3,110 MW, Iowa Produces only 471MW, (both 2003) yet Iowa
has more wind capacity
How much wind in Iowa
Wind capacity as of April 2005– 632 MW– 660 KW to 1.5 MW machines only
• Capacity by December 2005– 832 MW
• MW of Capacity in addition under Alliant Request– 150 MW
How much wind in Iowa
• Percentage of electricity sales from renewables in state of Iowa– 3% mainly wind as of April 2005– 5.3% if include WAPA hydro
• By Company– April 2005 Soon– MidAm = 3.1% MidAm= 5.2%– Alliant = 4.1% Alliant = 6.5%
Iowa Gov. Tom VilsackEnergy Efficiency and Renewable Energy
statement April 22, 2005
• Des Moines— Governor Vilsack signed Executive Order Number 41 today directing state agencies to improve upon their current practices of conserving energy.
• Among other things, the Order requires at least ten percent of agencies’ electric consumption come from renewable energy resources; that they purchase alternative fuel or hybrid-electric vehicles for 100 percent of their non-law enforcement light duty fleet and increase their usage of bulk diesel fuel.
