Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
The big utilities had to be dragged into the sector, and they initially invested for PR/regulatory reasons rather than for industrial ones.

Now that the sector is reaching the size it has (ie bigger than anything else in terms of new build), that large numbers of utility engineers and managers are invested in the sector, and that utilities no longer have to deal with the grid stuff (having sold or split the grid from pruduction assets), they are much more actively supporting the sector.

The reality is that 50-80% of their investment budget in the next 10-15 years will go to wind, offshore in particular, a sector which has the kind of scale they like.

Wind power

by Jerome a Paris (etg@eurotrib.com) on Fri Jul 30th, 2010 at 05:48:43 AM EST
[ Parent ]

Others have rated this comment as follows:

dvx 4
DoDo 4
JakeS 4


Occasional Series