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1. Description 1
2. Operational Theory 1
4. Substitutes 1
5. Raw Materials 1
6. Employment 1
A turbine (from the Latin word turbo, a vortex, related to the Greek meaning "turbulence") is a rotary
device that extracts energy from a fluid flow and converts into useful work.
Operation Theory:
The energy in the wind turns two or three propeller-like blades around a rotor. The rotor is connected
to the main shaft, which spins a generator to create electricity.
Wind turbines convert the kinetic energy in the wind into mechanical power.
Uses of turbines:
Generating electricity
Charging batteries
Pumping water
Grinding grains
Raw materials:
Tower, Rotor Blades, Rotor Hub, Rotor bearings, Main shaft, Main frame, Cables, Gear box, Generator,
Yaw system, Pitch system, Power converter, Transformer, Brake system, Nacelle Housing, Screws.
Employment:
It is the ratio of “Actual level of output to Maximum level of output” & is expressed as percentage.
In India, Suzlon turbines has the highest value i.e. 35.4 %
Pricing Techniques:
Cost depends upon the project size, purchase agreement construction contracts, type of machines, and
the projects location.
The cost includes wind resource assessment, site analysis expenses, the freight of the turbine and its price,
as well as tower, construction expenses, interconnection studies, utility system upgrades, protection,
transformers, as well as metering equipment, operations, warranty, maintenance, repair, insurance, legal
and consultation fees, etc.
The wind turbine industry follows Oligopoly market structure. We arrived into this conclusion because the top
four firms control more than 40% of the market share.
Branding USP
Turnkey solutions for wind power
Despite the fact that wind power accounts 6% of India’s total installed power capacity, it only generates
1.6% of the country’s power. For this reason, the government is considering the addition of incentives for
ongoing operation of installed wind power plants.
Central government policies have favored many wind energy companies to set up Wind Power projects.
Some of the impact of which are:
Industry Outlook:
India currently is the 4th largest generator of wind energy in world with an installed capacity of 8698 MW.
According to the latest statistics from the Global Wind Energy Council (GWEC), 28 countries around the
world have more than 1 GW of installed wind capacity and more than 1,100,000 people are employed by
the sector.
Wind has become a mainstream of power source. Wind provides 4% of global electricity supply and is
growing rapidly across countries like PORTUGESE, DENMARK, IRELAND, etc.
Prices have fallen dramatically as Wind is the cheapest way to add capacity to the grid in a large number
of markets, becoming the utility option of choice. In the US, the cost of wind energy has dropped by more
than 65% in the past 6 years.
Technavio's analysts forecast the wind turbine market in India to grow at a CAGR of 13.1% according to
the cumulative installed capacity over the period 2014-2019.