European wind energy dominated by Gamesa in 2004

Reverberating from shifts in geographic demand and wind farm ownership, 2004 marked a major shift in the competitive landscape of Europe's wind turbine market. According to Emerging Energy Research (EER), Spanish wind turbine manufacturer Gamesa showed the biggest overall gains in 2004 as it rose to second place in Europe, principally on the strength of the Spanish market. Enercon, the leading German turbine manufacturer, remained strong in its home market but growth in other European markets such as Portugal and Austria was not enough to match Gamesa's impressive gains. Market leader Vestas benefited from its merger with NEG Micon to maintain the broadest coverage in the region, with important positions in all of the region's growth markets. GE Wind lost significant ground in Germany but growth in several other European markets helped the power equipment giant to hold onto fourth place in Europe.

Consolidation, acquisitions and market exits have all impacted the market share of major suppliers. The entry of German powerhouse Siemens, via its acquisition of Bonus Energy A/S of Denmark, is one more indication of the scaling of the wind power industry in Europe. "Ultimately, the most successful suppliers will be those that are able to capture large orders from utilities," said Keith Hays, European research director for EER "Throughout Europe, all players will have to raise their game to a new level to meet the expectations of more sophisticated customers, intense competition, and challenging project requirements. "These analyses by EER serve to highlight the company's new study on the European Market. "European Wind Power Markets & Strategies 2004-2010" analyzes the growth potential and competitive landscape of European wind energy markets, examining the key regulatory mechanisms that drive wind power growth as well as the market players that define the industry.