1 Table of Contents
1 Table of Contents 2
1.1 List of Tables 5
1.2 List of Figures 6
2 Executive Summary 8
2.1 Global Carbon Emissions Increased by 1.4% in 2017 8
2.2 Reduced Cost of Electricity Generation and Government Support Driving Global Renewable Power Installations 8
2.3 Auctions to boost wind power capacity additions 9
2.4 Top 10 Countries Account for Over 84% of Global Wind Power Capacity 9
2.5 Thermal Power Dominates South Africa’s Power Mix 10
2.6 Wind power contributes to around half of the South African renewable installed capacity 11
3 Introduction 12
3.1 Carbon Emissions, Global, 2001-2017 12
3.2 Primary Energy Consumption, Global, 2001-2030 14
3.3 Wind Power, Global, Technology Definition and Classification 15
3.4 Wind Power Market, Technology Overview 15
3.5 Wind Power Market, Turbine Components 16
3.6 Report Guidance 18
4 Renewable Power Market, Global, 2006 - 2030 19
4.1 Renewable Power Market, Global, Overview 19
4.2 Renewable Power Market, Global, Installed Capacity, 2006-2030 19
4.2.1 Renewable Power Market, Global, Cumulative Installed Capacity by Source Type, 2006-2030 19
4.2.2 Renewable Power Market, Global, Cumulative Installed Capacity Split by Source Type, 2017 and 2030 22
4.2.3 Renewable Power Market, Global, Net Capacity Additions by Source Type, 2018-2030 23
4.2.4 Renewable Power Market, Global, Comparison by Cumulative Installed Capacity of Technology, 2017-2030 24
4.3 Renewable Power Market, Global, Power Generation, 2006-2030 25
4.3.1 Renewable Power Market, Global, Power Generation by Source Type, 2006-2030 25
4.3.2 Renewable Power Market, Global, Power Generation, Source Comparison Based on Power Generation, 2017-2030 28
4.4 Renewable Power Market, Global, LCOE Comparison of Power Generating Sources 29
5 Wind Power Market, Global, 2006-2030 32
5.1 Wind Power Market, Global, Overview 32
5.2 Wind Power Market, Global, Installed Capacity, 2006-2030 33
5.2.1 Wind Power Market, Global, Installed Capacity Share by Region, 2006-2030 36
5.2.2 Wind Power Market, Global, Installed Capacity Share by Country, 2017 37
5.2.3 Wind Power Market, Global, Installed Capacity Share by Segment, 2017 and 2030 38
5.3 Wind Power Market, Global, Power Generation, 2006-2030 39
5.3.1 Wind Power Market, Global, Generation Share by Region, 2017 and 2030 41
5.3.2 Wind Power Market, Global, Generation Share by Country, 2017 and 2030 42
5.3.3 Wind Power Market, Global, Generation Share by Segment, 2017 and 2030 43
5.4 Wind Power Market, Global, Drivers and Restraints 44
5.4.1 Wind Power Market, Global, Key Drivers 44
5.4.2 Wind Power Market, Global, Key Restraints and Challenges 47
5.5 Wind Power Market, Global, Key Trends 49
5.5.1 Global Wind Power Market Consolidation Activity to Increase 49
5.5.2 Auctions to boost wind power capacity additions 50
5.5.3 Increased Preference for Large-Scale Installations 52
5.5.4 Offshore Wind Market Development to Gain Momentum during the Forecast Period 52
5.6 Wind Power Market, Global, Average Turbine Size, 2006-2030 53
5.7 Wind Power Market, Global, Influences on Economy and Environment 54
5.8 Wind Power Market, Global, Manufacture and Trade 57
5.9 Wind Power Market, Global, Investment Trends 61
6 Power Market, South Africa, 2006-2030 63
6.1 Power Market, South Africa, Overview 63
6.2 Power Market, South Africa, Installed Capacity, 2006-2030 63
6.2.1 Power Market, South Africa, Cumulative Installed Capacity by Fuel Type, 2006-2030 63
6.2.2 Power Market, South Africa, Share in Cumulative Installed Capacity Split by Source Type, 2017 and 2030 66
6.2.3 Power Market, South Africa, Net Capacity Additions by Fuel Type, 2018 and 2030 67
6.2.4 Power Market, South Africa, Comparison of Technologies Based on Installed Capacity, 2017-2030 69
6.3 Power Market, South Africa, Power Generation, 2006-2030 70
6.3.1 Power Market, South Africa, Power Generation by Fuel Type, 2006-2030 70
6.3.2 Power Market, South Africa, Comparison of Technologies Based on Power Generation, 2017-2030 73
7 Renewable Power Market, South Africa, 2006-2030 75
7.1 Renewable Power Market, South Africa, Overview 75
7.2 Renewable Power Market, South Africa, Installed Capacity, 2006-2030 75
7.2.1 Renewable Power Market, South Africa, Cumulative Installed Capacity by Source Type, 2006-2030 75
7.2.2 Renewable Power Market, South Africa, Cumulative Installed Capacity Split by Source Type, 2017 and 2030 77
7.2.3 Renewable Power Market, South Africa, Net Capacity Additions by Source Type, 2018-2030 79
7.2.4 Renewable Power Market, South Africa, Comparison of Renewable Power Sources Based on Installed Capacity, 2017-2030 81
7.3 Renewable Power Market, South Africa, Power Generation, 2006-2030 83
7.3.1 Renewable Power Market, South Africa, Power Generation by Source Type, 2006-2030 83
7.3.2 Renewable Power Market, South Africa, Comparison of Renewable Power Sources Based on Power Generation, 2017-2030 85
8 Wind Power Market, South Africa 87
8.1 Wind Power Market, South Africa, Overview 87
8.2 Wind Power Market, South Africa, Installed Capacity, 2006 - 2030 89
8.2.1 Wind Power Market, South Africa, Installed Capacity (MW) and Share (%) by State, 2017 91
8.2.2 Wind Power Market, South Africa, Installed Capacity Share by Owner (%), 2017 91
8.2.3 Wind Power Market, South Africa, Installed Capacity Share by Developer (%), 2017 92
8.3 Wind Power Market, South Africa, Power Generation, 2006 - 2030 93
8.4 Wind Power Market, South Africa, Drivers and Restraints 96
8.4.1 Wind Power Market, South Africa, Key Drivers 96
8.4.2 Wind Power Market, South Africa, Key Restraints and Challenges 97
8.5 Wind Power Market, South Africa, Average Turbine Size 98
8.6 Wind Power Market, South Africa, Influences on Economy and Environment 99
8.7 Wind Power Market, South Africa, Manufacture and Trade 101
8.8 Wind Power Market, South Africa, Project Based Analysis, 2017 104
8.8.1 Wind Power Market, South Africa, Major Active Plants, 2017 104
8.8.2 Wind Power Market, South Africa, Upcoming Projects, 2017 105
8.8.3 Wind Power Market, South Africa, Key Under-construction Projects, 2017 107
8.9 Wind Power Market, South Africa, Deal Analysis, 2017 107
8.9.1 Wind Power Market, South Africa, Deal Volume vs. Deal Value, 2006-2017 107
8.9.2 Wind Power Market, South Africa, Split by Deal Type, 2017 109
8.10 Wind Power Market, South Africa, Investment Trends 110
9 Renewable Energy Market, Regulatory Scenario, South Africa 111
9.1 Renewable Energy Market, Overview 111
9.2 National Climate Change Response Policy 111
9.3 Renewable Energy Independent Power Producer Procurement Program (REIPPPP) 111
9.4 Integrated Resource Plan (IRP), 2010 113
9.5 Integrated Energy Plan (IEP) 113
9.6 Integrated Resource Plan (IRP) 2018 114
9.7 Vision, Strategic Direction, and Framework for Climate Policy 116
9.8 Biofuels Industrial Strategy 116
9.9 Green Fund 116
10 Wind Power Market, South Africa, Company Profiles 118
10.1 Company Snapshot: Umoya Energy (RF) (Pty) Ltd 118
10.1.1 Umoya Energy (RF) (Pty) Ltd - Company Overview 118
10.1.2 Umoya Energy (RF) (Pty) Ltd - Head Office 118
10.2 Company Snapshot: Mainstream Renewable Power Ltd. 118
10.2.1 Mainstream Renewable Power Ltd. - Company Overview 118
10.2.2 Mainstream Renewable Power Ltd. - Business Description 118
10.2.3 Mainstream Renewable Power Ltd. - SWOT Analysis 119
10.2.4 Mainstream Renewable Power Ltd. - Major Products and Services 121
10.2.5 Mainstream Renewable Power Ltd. - Head Office 121
10.3 Company Snapshot: Gestamp Renewables 121
10.3.1 Gestamp Renewables - Company Overview 121
10.3.2 Gestamp Renewables - Major Products and Services 122
10.3.3 Gestamp Renewables - Head Office 122
10.4 Company Snapshot: Eskom Holdings SOC Limited 122
10.4.1 Eskom Holdings SOC Limited - Company Overview 122
10.4.2 Eskom Holdings SOC Limited - Business Description 122
10.4.3 Eskom Holdings SOC Limited - SWOT Analysis 123
10.4.4 Eskom Holdings SOC Limited - Major Products and Services 126
10.4.5 Eskom Holdings SOC Limited - Head Office 127
11 Appendix 128
11.1 Abbreviations 128
11.2 Bibliography 128
11.3 Market Definitions 129
11.4 Methodology 130
11.5 Coverage 130
11.5.1 Secondary Research 130
11.5.2 Primary Research 130
11.5.3 Modeling and Forecasting 131
11.6 Contact Us 131
11.7 Disclaimer 131

1.1 List of Tables
Table 1: Carbon Dioxide Emissions from Energy Consumption, Global (GT), 2001-2017 14
Table 2: Renewable Power Market, Global, Cumulative Installed Capacity by Source Type (MW), 2006-2030 21
Table 3: Renewable Power Market, Global, Cumulative Installed Capacity Split by Source Type (%), 2017 and 2030 23
Table 4: Renewable Power Market, Global, Net Capacity Additions by Source Type (MW), 2018-2030 24
Table 5: Renewable Power Market, Global, Comparison by Cumulative Installed Capacity of Technology, 2017-2030 25
Table 6: Renewable Power Market, Global, Power Generation (GWh), 2006-2030 27
Table 7: Renewable Power Market, Global, Power Generation, Source Comparison Based on Power Generation, 2017-2030 29
Table 8: Renewable Power Market, Global, Assumptions for LCOE Calculation 29
Table 9: Renewable Power Market, Global, LCOE Comparison of Power-generating Sources ($/kWh), 2017 31
Table 10: Wind Power Market, Global, Installed Capacity (MW), 2006-2030 35
Table 11: Wind Power Market, Global, Power Generation (TWh), 2006-2030 40
Table 12: Wind Power Market, Global, Renewable Energy Targets 45
Table 13: Wind Power Market, Global, Auction, 2009-2017 51
Table 14: Wind Power Market, Global, Turbine Market Share (%), 2010-2017 60
Table 15: Wind Power Market, Global, Investment ($bn), 2006-2025 62
Table 16: Power Market, South Africa, Cumulative Installed Capacity by Fuel Type(MW), 2006-2030 65
Table 17: Power Market, South Africa, Cumulative Installed Capacity Split by Source Type (%), 2017 and 2030 67
Table 18: Power Market, South Africa, Net Capacity Additions by Fuel Type(MW), 2018 and 2030 68
Table 19: Power Market, South Africa, Comparison of Technologies Based on Installed Capacity, 2017-2030 70
Table 20: Power Market, South Africa, Power Generation by Fuel Type (GWh), 2006-2030 72
Table 21: Power Market, South Africa, Comparison of Technologies Based on Power Generation, 2017-2030 74
Table 22: Renewable Power Market, South Africa, Cumulative Installed Capacity by Source Type (MW), 2006-2030 77
Table 23: Renewable Power Market, South Africa, Cumulative Installed Capacity Split by Source Type (%), 2017 and 2030 79
Table 24: Renewable Power Market, South Africa, Net Capacity Additions by Source Type (MW), 2018-2030 80
Table 25: Renewable Power Market, South Africa, Comparison of Renewable Power Sources Based on Installed Capacity, 2017-2030 82
Table 26: Renewable Power Market, South Africa, Power Generation by Source Type (GWh), 2006-2030 84
Table 27: Renewable Power Market, South Africa, Comparison of Renewable Power Sources Based on Power Generation, 2017-2030 86
Table 28: Wind Power Market, South Africa, Installed Capacity (MW), 2006 - 2030 90
Table 29: Wind Power Market, South Africa, Power Generation (GWh), 2006-2030 95
Table 30: Wind Power Market, South Africa, REIPPPP Auction, Strike Price and Capacity Allocated, Wind Power 96
Table 31: Wind Power Market, South Africa, REIPPPP, DCR % Levels for Wind 98
Table 32: Wind Power Market, South Africa, Major Active Plants, 2017 104
Table 33: Wind Power Market, South Africa, Upcoming Projects, 2017 106
Table 34: Wind Power Market, South Africa, Key Under-construction Projects, 2017 107
Table 35: Wind Power Market, South Africa, Deal Volume vs. Deal Value ($m), 2006-2017 108
Table 36: Wind Power Market, South Africa, Deals by Type, 2017 109
Table 37: Renewable Energy Awarded Capacity under REIPPPP, South Africa 112
Table 38: Price Trend of Solar PV ($/kWh), REIPPPP, South Africa 112
Table 39: Price Trend of Onshore Wind ($/kWh), REIPPPP, South Africa 112
Table 40: Price Trend of CSP ($/kWh), REIPPPP, South Africa 112
Table 41: Allocation Composition of Round Five of REIPPPP (MW), South Africa, 2018 113
Table 42: Percentage Share of Renewable Power in Total Power Installed Capacity under IRP, South Africa, 2016-2050 113
Table 43: Capacity Addition Targets for Energy Sources, Final Capacity, and Final Share of Various Energy Sources in Capacity Mix, South Africa (MW and %), 2030 114
Table 44: Mainstream Renewable Power Ltd., Major Products and Services 121
Table 45: Gestamp Renewables, Major Products and Services 122
Table 46: Eskom Holdings SOC Limited, Major Products and Services 126
Table 47: Abbreviations 128

1.2 List of Figures
Figure 1: Wind Power Market, Global, Cumulative Installed Capacity Share by Country (%), 2017 10
Figure 2: Power Market, South Africa, Cumulative Installed Capacity Share by Source Type (%), 2017 11
Figure 3: Carbon-di-oxide Emissions from Energy Consumption, Global (GT), 2001-2017 13
Figure 4: Primary Energy Consumption, Global (Mtoe), 2001-2030 15
Figure 5: Renewable Power Market, Global, Cumulative Installed Capacity by Source Type (MW), 2006-2030 20
Figure 6: Renewable Power Market, Global, Cumulative Installed Capacity Split by Source Type (%), 2017 and 2030 22
Figure 7: Renewable Power Market, Global, Net Capacity Additions by Source Type (MW), 2018-2030 23
Figure 8: Renewable Power Market, Global, Comparison by Cumulative Installed Capacity of Technology, 2017-2030 24
Figure 9: Renewable Power Market, Global, Power Generation (GWh), 2006-2030 26
Figure 10: Renewable Power Market, Global, Power Generation, Source Comparison Based on Power Generation, 2017-2030 28
Figure 11: Renewable Power Market, Global, LCOE Comparison of Power-generating Sources ($/kWh), 2017 30
Figure 12: Wind Power Market, Global, Snapshot 32
Figure 13: Wind Power Market, Global, Installed Capacity (MW), 2006-2030 34
Figure 14: Wind Power Market, Global, Cumulative Installed Capacity (GW), by Region, 2006- 2030 36
Figure 15: Wind Power Market, Global, Installed Capacity(GW) by Country, 2017 37
Figure 16: Wind Power Market, Global, Cumulative Installed Capacity Share by Segment (%), 2017 and 2030 38
Figure 17: Wind Power Market, Global, Power Generation (TWh), 2006-2030 39
Figure 18: Wind Power Market, Global, Generation Share by Region (%), 2017 and 2030 41
Figure 19: Wind Power Market, Global, Generation Share by Country (%), 2017 and 2030 42
Figure 20: Wind Power Market, Global, Generation Share by Segment (%), 2017 and 2030 43
Figure 21: Wind Power Market, Global, Power Consumption (TWh), 2006-2030 44
Figure 22: Wind Power Market, Global, Auction, 2017 50
Figure 23: Wind Power Market, Global, Share of Offshore Wind in Cumulative Capacity (%), 2017-2030 53
Figure 24: Wind Power Market, Global, Average Turbine Size (MW), 2006-2030 54
Figure 25: Wind Power Market, Global, CO2 Emission Reduction (MW), 2006-2030 56
Figure 26: Wind Power Market, Global, Number of Jobs (Thousands), 2012-2017 57
Figure 27: Wind Power Market, Global, Turbine Market Share (%), 2017 58
Figure 28: Wind Power Market, Global, Turbine Market Share (%), 2010-2017 59
Figure 29: Wind Power Market, Global, Investment ($bn), 2006-2025 61
Figure 30: Power Market, South Africa, Cumulative Installed Capacity by Fuel Type(MW), 2006-2030 64
Figure 31: Power Market, South Africa, Cumulative Installed Capacity Split by Source Type (%), 2017 and 2030 66
Figure 32: Power Market, South Africa, Net Capacity Additions by Fuel Type(MW), 2018 and 2030 68
Figure 33: Power Market, South Africa, Comparison of Technologies Based on Installed Capacity, 2017-2030 69
Figure 34: Power Market, South Africa, Power Generation by Fuel Type (GWh), 2006-2030 71
Figure 35: Power Market, South Africa, Comparison of Technologies Based on Power Generation, 2017-2030 73
Figure 36: Renewable Power Market, South Africa, Cumulative Installed Capacity by Source Type (MW), 2006-2030 76
Figure 37: Renewable Power Market, South Africa, Cumulative Installed Capacity Split by Source Type (%), 2017 and 2030 78
Figure 38: Renewable Power Market, South Africa, Net Capacity Additions by Source Type (MW), 2018-2030 80
Figure 39: Renewable Power Market, South Africa, Comparison of Renewable Power Sources Based on Installed Capacity, 2017-2030 82
Figure 40: Renewable Power Market, South Africa, Power Generation by Source Type (GWh), 2006-2030 83
Figure 41: Renewable Power Market, South Africa, Comparison of Renewable Power Sources Based on Power Generation, 2017-2030 85
Figure 42: Wind Power Market, South Africa, Snapshot 87
Figure 43: Wind Power Market, South Africa, Key Milestones 88
Figure 44: Wind Power Market, South Africa, Installed Capacity (MW), 2006 - 2030 89
Figure 45: Wind Power Market, South Africa Installed Capacity(MW) and Share(%) by State, 2017 91
Figure 46: Wind Power Market, South Africa, Installed Capacity Share by Owner (%), 2017 92
Figure 47: Wind Power Market, South Africa, Installed Capacity Share by Developer (%), 2017 93
Figure 48: Wind Power Market, South Africa, Power Generation (GWh), 2006 - 2030 94
Figure 49: Wind Power Market, South Africa, Average Turbine Size (MW), 2006-2025 99
Figure 50: Wind Power Market, South Africa, CO2 Emissions Reductions (MT), 2006-2025 100
Figure 51: Wind Power Market, South Africa, Number of Homes Powered (Thousands), 2010-2017 101
Figure 52: Wind Power Market, South Africa, Turbine Market Share (%), 2017 102
Figure 53: Wind Power Market, South Africa, Turbine Market Share (%), 2014-2017 103
Figure 54: Wind Power Market, South Africa, Upcoming Projects, 2017 106
Figure 55: Wind Power Market, South Africa, Deal Volume vs. Deal Value ($m), 2006-2017 107
Figure 56: Wind Power Market, South Africa, Split by Deal Type (%), 2017 109
Figure 57: Wind Power Market, South Africa, Investment Trends ($m) , 2006-2025 110