1. 1 Status of Global Wind Power World Energy Solutions Conference Sao Paulo 23 November 2007 Steve Sawyer Secretary General Global Wind Energy Council

2. 2 GWEC: Uniting the Global Wind Industry Associations: Companies:

3. 3 Overview Massive investment in renewables globally; wind getting the lion’s share of asset investment; Wind power growth rate globally continues very strong – at the upper range (or above) projections; Industry becoming global – European dominance lessening Massive investment in new manufacturing capacity – China and the US - but supply still lags demand; Climate Imperative – eyes on 2020

4. 4 Global Cumulative Installed Capacity 1995-2006

5. 5 -> Growth in 2006: 25.6%

6. 6 Top 10 Cumulative Installed Capacity

7. 7 Spain and US neck and neck

8. 8 Top 10 Cumulative Installed Capacity Spain and US neck and neck China on 6 th place (up from 8 th )

9. 9 Top 10 Cumulative Installed Capacity Down from 87.6% in 2005 Spain and US neck to neck China on 6 th place (up from 8 th )

10. 10 Global Annual Installed Capacity 1995-2006

11. 11 Global Annual Installed Capacity 1995-2006 -> Growth in 2006: + 31.8% (2005: + 40.5%), despite supply chain difficulties

12. 12 Top 10 New Installed Capacity 2006

13. 13 Top 10 New Installed Capacity 2006 New in top 10 China 2 nd in 2007? Down from 86.9% in 2005

14. 14 Annual Installed Capacity by Region 50.1% 21.3% 1.9%1.3%0.7% 24.2%

15. 15 Global Development to 2050

16. 16 % of Global Electricity Supply 1500 million tonnes of CO2/annum After 2 years, actual performance is ahead of Advanced Scenario

17. 17 Conclusions Advanced Scenario is closest to reality at the moment; 2006/07 ahead of advanced scenario; Growth rates since 2000 have averaged 28%. Capital costs: demand and commodity markets driving prices up…and will continue to as long as there’s very high demand and more investor interest than available projects; China and US becoming major markets – US firmly in place as market leader – expected to install 4 GW in 2007; China exceeding advanced scenario, will meet its 2010 target this year; Three dominant markets: China, US, Europe.

18. 18 Conclusions (2) Impact of Climate Policy: Imperative for global emissions peak prior to 2020; Power sector is largest source of emissions - 38% of CO2, and about 25% of overall emissions; In practical terms, there are 3 options for making major emissions reductions in the power sector out to 2020: Efficiency; Fuel switching from coal to gas; and Wind Power; Wind energy is most cost-effective and timely option on the supply side out to 2020; Post 2012 carbon market design will have major impact; Will 2600 Twh/year be sufficient?

19. 19 Thank you For more information: Steve Sawyer +32 2 400 1030 steve.sawyer@gwec.net www.gwec.net