ABSTRACT
A key battleground in the fight to establish wind power as one of the world's dominant energy sources is the big emerging markets. There are two features of emerging wind-market growth that are of major significance for the industry as a whole. First, in some of the world's potentially biggest power markets wind is already showing itself capable of competing with and beating fossil fuel and nuclear generation on price. Second, given government moves to ensure local content and local advantage, some emerging markets are becoming significant wind-turbine producers in their own right. The Indian wind-power market has been transformed as new frameworks that reward power production rather than capital expenditure have emerged. These included federal generation-based incentive (GBI), as well as state feed-in tariffs and renewable portfolio/green certificate support schemes. India's market is not for the faint-hearted. Obtaining land and building permits means negotiating India's state bureaucracy, and this requires a particular local set of skills and experience.
