1 Table of Contents 2
1.1 List of Tables 10
1.2 List of Figures 12
2 The UK Wind Power Industry, 2001-13 13
2.1 The UK Power Market 13
2.2 The UK Renewable Power Market 14
2.3 The UK Wind Power Market, Size and Growth, 2001-13 16
2.4 The UK Wind Power, Offshore Development, 2003-13 22
2.5 The UK Wind Power Market, Regional Share in the Installed Capacity, 2008 23
3 The UK Wind Turbine Market 24
3.1 The UK Wind Turbine Market, Annual Capacity Additions, 2001-13 24
3.2 The UK Wind Turbine Market, Annual Value Forecast, 2003-13 25
3.3 The UK Wind Turbine Market, Manufacturers’ Share, 2008 26
3.4 The UK Wind Turbine Market, Average Wind Turbine Size, 2001-08 27
3.5 The UK Wind Turbine Market, Classification of Installed Turbines, 2008 28
4 The UK Wind Farm Projects 29
4.1 The UK Wind Power, Ten Largest Onshore Wind Farms 29
4.2 The UK Wind Power, Planned Onshore Wind Farms 30
4.3 The UK Wind Power, Under Construction and Planned Offshore Wind Farms 31
4.4 The UK Wind Power, Top 10 Active Wind Farm Developers by Installed Capacity, 2008 32
4.5 The UK Wind Power, Regional Shares in Planned and Under Construction Wind Farm Projects Upto 2015 33
5 The UK Wind Energy Regulatory Framework 35
5.1 The UK Renewable Energy Regulatory Framework 35
5.2 The UK Wind Power Regulatory Framework 38
6 Siemens AG, Company Snapshot 40
6.1 Key Information 40
6.2 Company Overview 40
6.3 Financial Performance 40
6.4 Industry Outlook 40
6.5 SWOT Snapshot 41
6.6 Business Description 41
6.7 Major Products and Services 52
6.8 History 57
6.9 Business Strategy 61
6.10 SWOT Analysis 64
6.11 Competitors 68
6.12 Revenue Analysis 70
6.13 Operational Indicators 72
6.14 Key Employees 73
6.15 Key Employee Biographies 74
6.16 Company Statement 74
6.17 Locations and Subsidiaries 79
7 Vestas Wind Systems A/S, Company Snapshot 83
7.1 Key Information 83
7.2 Company Overview 83
7.3 Financial Performance 83
7.4 Industry Outlook 83
7.5 SWOT Snapshot 84
7.6 Business Description 84
7.7 Major Products and Services 86
7.8 History 87
7.9 Business Strategy 91
7.10 SWOT Analysis 93
7.11 Competitors 97
7.12 Revenue Analysis 97
7.13 Share Holding Structure 99
7.14 Key Employees 99
7.15 Key Employee Biographies 99
7.16 Company Statement 101
7.17 Locations and Subsidiaries 103
8 Nordex Aktiengesellschaft, Company Snapshot 106
8.1 Key Information 106
8.2 Company Overview 106
8.3 Financial Performance 106
8.4 Industry Outlook 106
8.5 SWOT Snapshot 107
8.6 Business Description 107
8.7 Major Products and Services 109
8.8 History 110
8.9 Business Strategy 112
8.10 SWOT Analysis 114
8.11 Competitors 117
8.12 Revenue Analysis 118
8.13 Revenue by Geography 118
8.14 Share Holding Structure 119
8.15 Key Employees 119
8.16 Key Employee Biographies 120
8.17 Company Statement 121
8.18 Locations and Subsidiaries 122
9 REpower Systems AG 124
9.1 Key Information 124
9.2 Company Overview 124
9.3 Financial Performance 124
9.4 SWOT Snapshot 124
9.5 Business Description 124
9.6 Major Products and Services 127
9.7 History 128
9.8 Business Strategy 130
9.9 SWOT Analysis 131
9.10 Competitors 135
9.11 Revenue Analysis 136
9.12 Share Holding Structure 137
9.13 Key Employees 137
9.14 Key Employee Biographies 138
9.15 Company Statement 139
9.16 Locations and Subsidiaries 140
10 Enercon GmbH, Company Snapshot 142
10.1 Key Information 142
10.2 Company Overview 142
10.3 Industry Outlook 142
10.4 Business Description 143
10.5 Major Products and Services 144
10.6 History 144
10.7 SWOT Analysis 146
10.8 Competitors 149
10.9 Key Employees 149
10.10 Locations and Subsidiaries 149
11 Iberdrola Renovables, S.A., Company Snapshot 151
11.1 Key Information 151
11.2 Company Overview 151
11.3 Financial Performance 151
11.4 Industry Outlook 151
11.5 Business Description 152
11.6 Major Products and Services 153
11.7 History 153
11.8 SWOT Analysis 155
11.9 Competitors 158
11.10 Key Employees 159
11.11 Key Employee Biographies 159
11.12 Company Statement 160
11.13 Locations and Subsidiaries 161
12 E.ON UK plc, Company Snapshot 163
12.1 Key Information 163
12.2 Company Overview 163
12.3 Financial Performance 163
12.4 Industry Outlook 163
12.5 Business Description 164
12.6 Major Products and Services 166
12.7 History 167
12.8 SWOT Analysis 170
12.9 Competitors 173
12.10 Key Employees 173
12.11 Key Employee Biographies 174
12.12 Locations and Subsidiaries 174
13 Airtricity Holdings Limited, Company Snapshot 175
13.1 Key Information 175
13.2 Company Overview 175
13.3 Financial Performance 175
13.4 Industry Outlook 175
13.5 Business Description 176
13.6 Major Products and Services 178
13.7 History 178
13.8 Key Employees 179
13.9 Key Employee Biographies 180
13.10 Company Statement 181
13.11 Locations and Subsidiaries 184
14 Renewable Energy Systems Ltd 186
14.1 Key Information 186
14.2 Company Overview 186
14.3 Major Products and Services 187
14.4 History 187
14.5 Competitors 188
14.6 Locations and Subsidiaries 188
15 RWE Group 190
15.1 Key Information 190
15.2 Company Overview 190
15.3 Financial Performance 190
15.4 Business Description 190
15.5 Major Products and Services 192
15.6 Competitors 193
15.7 Key Employees 193
15.8 Key Employee Biographies 193
15.9 Company Statement 194
15.10 Locations and Subsidiaries 195
16 The UK Renewable Energy Industry, Deals Analysis 197
16.1 The UK Renewable Energy Industry, Deal Value versus Volume Analysis, 2001-08 197
16.2 The UK Renewable Energy Industry, Transactions by Technology, 2001-08 198
16.3 The UK Renewable Energy Industry, Transactions by Deal Type, 2001-08 198
16.4 The UK Renewable Energy Industry, Deal Value versus Volume Analysis, 2008 200
16.5 The UK Renewable Energy Industry, PE/VC Deals, 2008 201
16.6 The UK Renewable Energy Industry, M&A Deals, 2008 204
16.7 The UK Renewable Energy Industry, Equity Offerings Summary, 2008 206
16.8 The UK Renewable Energy Industry, Debt Offerings Summary, 2008 208
17 Financial Deals Landscape 209
17.1 Detailed Deal Summary 209
18 Recent Developments 213
18.1 New Projects 213
18.2 New Contracts 214
18.3 Operations Updates 217
18.4 Strategy and Business Planning 228
18.5 Government and Public Interest 243
18.6 Other Significant Developments 255
19 Appendix 263
19.1 Methodology 263
19.2 About GlobalData 263
19.3 Contact Us 263
19.4 Disclaimer 263
1.1 List of Tables
Table 1: The UK, Cumulative Installed Power Generation Capacity, By Fuel Type, %, 2008 17
Table 2: The UK, Cumulative Installed Renewable Power Generation Capacity (Including Hydro), MW, 2001-08 18
Table 3: The UK, Cumulative Installed Renewable Power Generation Capacity, By Fuel Type, %, 2008 19
Table 4: The UK, Installed Renewable Power Generation Capacity, By Fuel Type, MW, 2001-08 20
Table 5: The UK, Cumulative Installed Wind Power Capacity, MW, 2001-13 23
Table 6: The UK, Wind Power Generation, GWh, 2001-13 24
Table 7: The UK, Wind Power Annual Installed Capacity, Scenario Comparison, MW, 2009-13 25
Table 8: The UK, Active Offshore Wind Farms 26
Table 9: The UK, Cumulative Installed Wind Power Capacity, By Regions, %, 2008 27
Table 10: The UK, Annual Installed Wind Power Capacity, MW, 2001-13 28
Table 11: The UK Wind Turbine Market, Annual Value Forecast, Million USD, 2003-13 29
Table 12: The UK, Turbines Manufacturers Share in the Cumulative Wind Power Installations, %, 2008 30
Table 13: The UK, Average Wind Turbine Size, MW, 2001-08 31
Table 14: The UK, Classification of Total Wind Turbines Installed, 2008 32
Table 15: The UK, Ten Largest Active Wind Farms 33
Table 16: The UK, Planned Onshore Wind Farms 34
Table 17: The UK, Under Construction and Planned Offshore Wind Farms 35
Table 18: The UK, Share of Top Ten Wind Farm Developers, 2008 36
Table 19: The UK, Share of Planned and Under Construction Wind Power Projects by by Regions, 2015 38
Table 20: The UK, Renewable Energy, Overview of Proposed Bands 40
Table 21: Siemens AG, Key Facts, 2007 44
Table 22: Siemens AG, SWOT Analysis , 2007 68
Table 23: Siemens AG, Revenue by Segment, Euro Million, 2003-2007 75
Table 24: Siemens AG, Revenue by Geography, Euro Million, 2003-2007 76
Table 25: Siemens AG Operational Indicators, 2003-2007 76
Table 26: Siemens AG, Key Employees, 2007 77
Table 27: Siemens AG, Subsidiaries 84
Table 28: Vestas Wind Systems A/S, Key Facts, 2007 87
Table 29: Vestas Wind Systems A/S, SWOT Analysis , 2007 97
Table 30: Vestas Wind Systems A/S, Revenue by Segment, Euro Million, 2003-2007 102
Table 31: Vestas Wind Systems A/S, Revenue by Geography, Euro Million, 2003-2007 102
Table 32: Vestas Wind Systems A/S, Share Holding Structure 2007 103
Table 33: Vestas Wind Systems A/S, Key Employees, 2007 103
Table 34: Vestas Wind Systems A/S, Other Locations 107
Table 35: Vestas Wind Systems A/S, Subsidiaries 108
Table 36: Nordex Aktiengesellschaft, Key Facts, 2007 110
Table 37: Nordex Aktiengesellschaft, SWOT Analysis , 2007 118
Table 38: Nordex Aktiengesellschaft, Revenue by Segment, Euro Thousand, 2003-2007 122
Table 39: Nordex Aktiengesellschaft, Revenue by Geography, Euro Thousand, 2003-2007 123
Table 40: Nordex Aktiengesellschaft, Share Holding Structure 2007 123
Table 41: Nordex Aktiengesellschaft, Key Employees, 2007 123
Table 42: Nordex Aktiengesellschaft, Other Locations 126
Table 43: Nordex Aktiengesellschaft, Subsidiaries 127
Table 44: REpower Systems AG, Key Facts, 2007 128
Table 45: REpower Systems AG, SWOT Analysis , 2007 135
Table 46: REpower Systems AG, Revenue by Segment, Euro Absolute, 2003-2007 140
Table 47: REpower Systems AG, Revenue by Geography, Euro Absolute, 2003-2007 141
Table 48: REpower Systems AG, Share Holding Structure 141
Table 49: REpower Systems AG, Key Employees, 2007 141
Table 50: REpower Systems AG, Other Locations 144
Table 51: REpower Systems AG, Subsidiaries 145
Table 52: Enercon GmbH, Key Facts 146
Table 53: Enercon GmbH, SWOT Analysis 150
Table 54: Enercon GmbH, Key Employees, 153
Table 55: Enercon GmbH, Subsidiaries 154
Table 56: Iberdrola Renovables, S.A., Key Facts 155
Table 57: Iberdrola Renovables, S.A., SWOT Analysis 159
Table 58: Iberdrola Renovables, S.A., Key Employees, 163
Table 59: Iberdrola Renovables, S.A., Subsidiaries 166
Table 60: E.ON UK plc, Key Facts 167
Table 61: E.ON UK plc, SWOT Analysis 174
Table 62: E.ON UK plc, Key Employees 177
Table 63: E.ON UK plc, Other Locations 178
Table 64: Airtricity Holdings Limited, Key Facts 179
Table 65: Airtricity Holdings Limited, Key Employees, 183
Table 66: Airtricity Holdings Limited, Other Locations 188
Table 67: Airtricity Holdings Limited, Subsidiaries 189
Table 68: Renewable Energy Systems Ltd, Key Facts 190
Table 69: Renewable Energy Systems Ltd, Subsidiaries 193
Table 70: RWE Group, Key Facts 194
Table 71: RWE Group, Key Employees, 197
Table 72: RWE Group, Other Locations 200
Table 73: RWE Group, Subsidiaries 200
Table 74: RWE npower to Sell Stake in UK Wind Project 213
Table 75: Renewable Energy Generation Acquires Additional 10% Interest in REG Bio-Power 214
Table 76: BP Plans to Sell Bonds for $500 Million 215
Table 77: Scottish and Southern Energy to Acquire Majority Stake in Griffin Forest Wind Farm 216
1.2 List of Figures
Figure 1: The UK, Cumulative Installed Power Generation Capacity, By Fuel Type, %, 2008 17
Figure 2: The UK, Cumulative Installed Renewable Power Generation Capacity (Including Hydro), MW, 2001-08 18
Figure 3: The UK, Cumulative Installed Renewable Power Generation Capacity, By Fuel Type, %, 2008 19
Figure 4: The UK, Cumulative Installed Wind Power Capacity, MW, 2001-13 22
Figure 5: The UK, Wind Power Generation, GWh, 2001-13 23
Figure 6: The UK, Wind Power Annual Installed Capacity, Scenario Comparison, MW, 2009-13 25
Figure 7: The UK, Cumulative Installed Wind Power Capacity, By Regions, %, 2008 27
Figure 8: The UK, Annual Installed Wind Power Capacity, MW, 2001-13 28
Figure 9: The UK Wind Turbine Market, Annual Value Forecast, Million USD, 2003-13 29
Figure 10: The UK, Turbines Manufacturers Share in the Cumulative Wind Power Installations, %, 2008 30
Figure 11: The UK, Average Wind Turbine Size, MW, 2001-08 31
Figure 12: The UK, Classification of Total Wind Turbines Installed, 2008 32
Figure 13: The UK, Share of Top Ten Wind Farm Developers, 2008 36
Figure 14: The UK, Share of Planned and Under Construction Wind Power Projects by Regions, 2015 37
Figure 15: The UK Renewable Energy Industry, Deal Value versus Volume, 2001–08 201
Figure 16: The UK Renewable Energy Industry , Transactions by Technology, 2001-08 202
Figure 17: The UK Renewable Energy Industry , Transactions by Deal Type, 2001-08 203
Figure 18: The UK Renewable Energy Industry, Deal Value versus Volume, 2008 205
Figure 19: The UK Renewable Energy Industry, PE/VC Transactions, Deal Value versus Volume, 2008 206
Figure 20: The UK Renewable Energy Industry, M&A Transactions, Deal Value versus Volume, 2008 208
Figure 21: The UK Renewable Energy Industry, Equity Transactions, Deal Value versus Volume, 2008 210
Figure 22: The UK Renewable Energy Industry, Debt Transactions, Deal Value versus Volume, 2008 212