Unveiling the current scenario in wind energy market in terms of regulatory frame of reference and the strategies undertaken by industry players

The global energy scenario has been experiencing a tremendous change with shifting trends toward the adoption of green energy. Wind energy market, currently one of the most trending business verticals, is a major recipient of this change. Since ages, fossil fuels had been primarily deployed for fulfilling energy requirements, however, their usage has been leading to increased GHG emissions, negatively impacting biodiversity and environmental safety. In consequence, most of the countries have increased their dependency on renewable energy sources for domestic as well as commercial applications, creating a favorable scenario for wind energy industry growth.

wind energy market