http://www.theglobeandmail.com/servlet/story/RTGAM.20070308.wwind0308/BNStory/Business/homeCanada is now one of the world's quickest-growing wind power markets, and could be in the top five in the world by 2009, according to a new study from a U.S. alternative energy research firm.
“Almost overnight the Canadian wind power market has evolved from obscurity....to one of the world's largest and fastest growing wind power markets,” says the report from Cambridge, Mass. -based Emerging Energy Research.
About $18-billion will be invested in the industry between now and 2015, EER projects, amounting to about one-quarter of the growth in North America and 5 per cent of global growth.
The boom in wind power has been prompted by provincial government policy, EER says. The provinces are pushing their utilities to buy wind power as part of a commitment to clean energy, and those utilities have been rushing to sign contracts with wind power developers.
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