Latin America Wind Turbine Market Growth and Segments,2014-2020 FMI | Page 3

Report
Description
Report Description
Wind energy is the power extracted from wind using wind turbines. A wind turbine is a
device that transforms the kinetic energy of the wind into electrical energy. Wind energy
is a renewable form of energy that is available in ample quantity and extensively. It is an
alternative to fossil fuels which are depleting in quantity. Wind energy is the cleanest
resource; it has neither toxic gas emissions nor greenhouse gas emissions. Wind turbines
are connected to the network of electricity transmission. The onshore and offshore wind
that is trapped is an inexpensive, competitive and significant source of energy. Wind
energy contributed to 4% of the total global electricity usage in 2013.
The application of wind turbines is primarily in wind mills that are used to generate
electricity. These wind turbines in wind mills can be used to avail off-grid electricity in the
remote regions. It has been known to empower rural electrification initiatives. Three
fourths of the small wind turbines are present in the remote regions of the world and are
the only sources of energy. For instance, wind power systems are fuelling the
telecommunication towers in the secluded places between Argentina and Chile. Another
application of wind turbines is associated with the hybrids of wind and solar power
generation devices. Wind and solar sources complement each other in changing climatic
conditions. Wind turbines have vital applications in off-grid, low-power systems in which
the storage of batteries is avoided. Wind turbines also have application in cathodic
protection pipes in which its electric charge neutralizes the galvanic corrosion of pipes
laid in reactive soils. Wind turbines are used to charge electric fences, yacht and boat
batteries efficiently. Wind turbines have been used to pump water for decades, and they
remain a significant application in both developed and developing economies.