And just few million DM is given to renewables every year. Big money is at stake, but climate change is on the other side of the scale. Ambitious targets can be achieved when ambitious legislation is being introduced. Others say that if anybody can make the energy revolution happen, it will be the industry giants. Renewables offer a potential growth territory.
Wind power is an especially attractive target of investment.
The technology is tried and proven and it is already commercially competitive - the best performing wind farms are as cheap as gas power and all of them are competitive with coal and hydro. Wind energy is already a booming international business. On current growth rates, the value of the market is expected to increase eight times by 2002.