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Google’s This Move Powered the Global Wind Power Market

Posted on: Oct-2017 | By: 9Dimen Group | Electrical

Alphabet's Google, the major tech giant, received its first wind energy this month from Norway, the company said to the media this week. A 50-turbine sturdy wind farm, with a capacity of 160-megawatt (MW), has been constructed and is the biggest wind farm of Google in Europe and largest wind farm of Norway. This move by Google has surely boosted the Global wind power market.

Google in 2016 made a 12-year contract to purchase 100% of the output of the plant. The firm, which has 4 European information centers in Finland, Belgium, Ireland, and the Netherlands claimed that the wind energy will be utilized to provide energy for one or many of them.

Let us have a look at the other factors that are affecting the global wind power market.

Increased Pollution driving the global wind power market

The main reason as to why the global wind power market is boosting is the increased pollution. The use of fossil fuels causes enormous carbon emission. This results in the damage to the ozone layer as well. So to avoid this, the only solution is to use renewable energy. Wind power proves to be the best renewable energy source. Hence, it is driving the growth of the global wind power market.

Cost effectiveness towering the global market

The electricity generated by the wind mills is very much cost effective and affordable. Users do not need to pay hefty value for their electricity bills any more. You can install a wind mill and can save in your bills as well as also lend a helping hand in contributing towards using the solar energy.

High value of wind mill setup hindering the growth of the global wind power market

Even though the bills from the wind power are less, users need to spend a high cost for the installation of wind mills. Users do not understand that this is a onetime investment. The hefty charges for installation and ownership of wind mills has blind folded majority of the population. Moreover, the heavy charges for maintenance cannot be ignored. This is directly affecting the growth of the global wind power market in a negative way.