Sweden: Greatest Potential Market in the Western European Wind Energy Sector, Says Frost & Sullivan

By Frost Sullivan, PRNE
Monday, July 5, 2010

LONDON, July 6, 2010 - It would appear that budding opportunities for market growth in the
Western European wind energy sector blow strongest to the North.

    (Logo: photos.prnewswire.com/prnh/20081117/FSLOGO)
    (Logo: www.newscom.com/cgi-bin/prnh/20081117/FSLOGO)

A study from Frost & Sullivan (www.energy.frost.com), Investment
Opportunities in the Wind Energy Sector in Europe, reveals that Sweden has
the highest potential market growth in Western Europe. The Scandinavian
powerhouse boasts the most conducive environment for the growth of the wind
energy market.

Sweden presents an attractive market, due to promising wind resources,
the large size of the country and relatively small population. With enough
land for the installation of numerous wind farms, whose production would
surpass internal demand, Sweden could export electricity and thereby earn
more revenue, while assisting countries without similar assets and growing
demand for electricity.

Although the support system in Sweden (which is the green certificate and
quota obligation system) has been less successful than the feed-in-tariff
system, installed wind capacity in the country doubled in 2007 and 2008,
resulting in an increase of government support for both onshore and offshore
wind energy sectors. At the beginning of 2009, there were 10 onshore projects
under construction and 18 with permits.

According to Frost & Sullivan's green energy team, the electricity
generated from wind energy is expected to rise from 2.3TWh in 2008 (with a
capacity of 1GW) to 24.5-29.1TWh in 2020 (with a capacity of about 9-11GW, of
which offshore wind energy capacity will be around 2-3GW). According to the
Swedish Wind Energy Association, the technical wind energy potential in
Sweden is estimated to be around 540 TWh/year.

If you are interested in receiving a complimentary executive summary of
this study, please send an e-mail to Chiara Carella, Corporate
Communications, at chiara.carella@frost.com, with your full name, company
name, title, telephone number, company e-mail address, company website, city,
state and country.

Investment Opportunities in the Wind Energy Sector in Europe is part of
the Energy & Power Growth Partnership Services programme, which also includes
research in the following markets: large hydropower, biomass energy and
offshore wind energy. All research services included in subscriptions provide
detailed market opportunities and industry trends that have been evaluated
following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, enables clients to
accelerate growth and achieve best-in-class positions in growth, innovation
and leadership. The company's Growth Partnership Service provides the CEO and
the CEO's Growth Team with disciplined research and best-practice models to
drive the generation, evaluation, and implementation of powerful growth
strategies. Frost & Sullivan leverages over 45 years of experience in
partnering with Global 1000 companies, emerging businesses and the investment
community from 40 offices on six continents. To join our Growth Partnership,
please visit www.frost.com.

    Contact:
    Chiara Carella
    Corporate Communications - Europe
    P: +44-(0)-20-7343-8314
    M: +44-(0)-753-3017689
    E: chiara.carella@frost.com

Chiara Carella, Corporate Communications - Europe, P: +44-(0)-20-7343 8314, M: +44-(0)-753-3017689, chiara.carella at frost.com

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