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Report Buyer, the online destination for business intelligence for major industry sectors, has added a new market report.

The report “Small Wind Power” available at http://www.reportbuyer.com/go/PIK00023 analyses the market for small wind power in the context of the broader RDEG market, which also includes solar photovoltaics and fuel cell technologies. The study covers key business issues and drivers of demand for sub-utility scale wind power, including government-driven legislation and incentives as well as market-based factors

According to the 60 page report, distributed energy generation, using a variety of renewable power technologies, is one of the most important tools for addressing the challenge of meeting the world’s growing electricity demand. Within the Renewable Distributed Energy Generation (RDEG) market, small wind systems, while a niche category, are nevertheless an important part of the solution for a variety of residential and commercial applications.

Small Wind systems are most often used in concert with another energy source, such as solar photovoltaics, diesel generation, or battery backup power. With the exception of the U.S. and U.K., small wind has not benefited from strong government subsidies or other support, and even the programs in those countries have been lacking in comparison to what has been extended to PV or large wind installations. However, a surge in demand for small wind in the U.S. is likely as a result of the recently enacted 30% uncapped dollar for dollar tax credit. The estimated size of the small wind market in 2008 was 38 MW of generation capacity, and the report forecasts that the sector will grow to 115 MW by 2013, representing a compound annual growth rate (CAGR) of 25%. This translates into a market with revenues of $165 million in 2008 that will grow to nearly $412 million by 2013, representing a CAGR of 20%.

The report “Small Wind Power” is available from Report Buyer at:

http://www.reportbuyer.com/energy_utilities/alternative_energy/solar_wind/small_wind_power.html

Report Buyer product ID: PIK00023

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