In the ninth edition of the WindEnergy trend:index, the wind power market received positive ratings for all regions, with Germany seeing a strong improvement.
Germany has achieved a strong improvement of its values compared to the last survey in autumn 2021.
After the results were either negative or neutral in recent years, the current and future market situation is now seen as very positive.
While in autumn 2021 the German onshore wind energy market was judged unenthusiastically or even with slight pessimism, respondents are now seeing a very positive environment; Germany has caught up with the other regions in terms of positive ratings.
With regard to expectations for the future of the onshore wind market, Germany has likewise achieved its best results by far since the beginning of WEtix surveys.
Contrary to the all-time low seen in the autumn 2019 survey, the market for onshore wind in Germany is now considered to be very good, achieving similarly positive results as Europe, North America and Asia.
On the question about the current situation of the offshore wind industry, all regions show significant improvements, with results in the positive to very positive quadrant.
Here again, Germany is showing the strongest improvement: the values are now similar to those for Asia, North America and Europe.
Not only that, but expectations for the future of offshore wind are very optimistic, as well: Asia, Europe and North America and, as of this new survey, Germany are all neck-and-neck, hovering close to the maximum rating, according to the index.
The rest of the world remains in the positive midfield.
In addition, the index respondents believe the Ukraine war will only have a short-lived negative impact, if any at all.
While expectations for both, the next twelve months and the coming two years are positive across all regions, about 50 to 55% of survey participants fear that the Ukraine war may have a negative to very negative short-term impact on the wind energy industry.
However, between 25 and 30% actually expect a positive impact, while roughly 20% do not anticipate any major consequences.
The WindEnergy trend:index (WEtix) which has been prepared at six-month intervals since 2018.
It is published jointly by WindEnergy Hamburg, the global onshore and offshore wind energy event, and wind:research, the market research institute for wind energy.
Nearly 900 respondents have taken part in the current survey, contributing their assessments of the development of the global onshore and offshore wind industry.
All in all, more than 9,400 experts have participated in WEtix surveys since 2018.