The winds of change were blowing over Davos at the World Economic Forum last week. Denmark's Vestas Wind Systems was the first company specialising in renewable energy (RE) to participate in the prestigious meeting with the world's elite in energy production and supply. It shows that wind power has now been accepted as an integrated part of the world's energy system, Vestas commented to financial daily newspaper Børsen.
"It's not everybody who gets invited to Davos. By participating in the summit we seriously showed that wind power today is to be considered as mainstream – in line with conventional energy sources such as coal and oil," said Peter C. Brun, head of government relations at Vestas.
One of the important messages Vestas had the opportunity to broadcast is wind power's great advantages in relation to a new major topic on the world agenda: the lack of clean drinking water and the need for companies to think in water-neutral production processes.
"Unlike most other energy sources, water is not required to produce wind power. It is both a totally CO2-neutral and water-neutral energy source," said Brun.
The risk of recession in the global economy was high on the summit's agenda, but according to Vestas there were 27 meetings dealing with climate and environmental issues – 70% more than last year.
Vestas Wind Systems is headquartered in Randers, Jutland, and employs over 13,500 people worldwide. The company has installed more than 33,500 wind turbines in 63 countries and five continents, and is installing a new turbine every five hours. Vestas has production facilities in Denmark, Germany, China, India, Italy, UK, Spain, Sweden, Norway and Australia and is constructing a turbine blade factory in Colorado, USA. In 2006, Vestas Wind Systems generated revenues of DKK 28.7bn (USD 5.1bn)