EnergyWatch

The wind industry is squeezed but the future is bright

Politically charged shifts in systems are underway while the supply chain undergoes a complete overhaul. Research manager says the current political uncertainty in the US is the last thing the industry needs. But the challenges are still limited and the industry is largely its own worst enemy.

The global wind market currently finds itself in a state of virtual shock.

Major turbine manufacturers including Vestas and Siemens Gamesa are hemorrhaging money on the stock exchange, while analysts are fighting over who will trim target prices the most. Meanwhile, media are reporting all over of the price pressure, as if it only just happened. At the same time, the Republican party in the US is threatening to implement legislation which would completely undermine the world's second-largest market.

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