Skip to Content
Stock Strategist Industry Reports

Shifts in the Wind Industry Uncover Opportunities

Experienced manufacturers help a new industry mature.

Mentioned: , , , , , ,

The emergence of wind as a potential fuel source has created an array of ways for investors to participate in the industry. While wind energy is still far from being economic, government intervention has helped it to compete against more-conventional sources of power.

The battle lines are beginning to form in the United States, with major turbine manufacturers turning their attention to the wide open space in the Midwest known as the wind corridor. As industry leader Vestas is shutting down European plants and laying off workers, it is building plants in the U.S. to compete directly with  General Electric (GE), which holds a dominant position on its home turf.  Siemens (SI) has also announced plans to build a factory in Kansas in order to locate itself where growth appears to be the most promising. This repositioning of manufacturing of assets is heavily based on reducing the cost of getting the turbine parts to the wind farm location as transportation costs are a major component of the installed cost.

Daniel Holland does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.

Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.

We’d like to share more about how we work and what drives our day-to-day business.

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters.

How we use your information depends on the product and service that you use and your relationship with us. We may use it to:

  • Verify your identity, personalize the content you receive, or create and administer your account.
  • Provide specific products and services to you, such as portfolio management or data aggregation.
  • Develop and improve features of our offerings.
  • Gear advertisements and other marketing efforts towards your interests.

To learn more about how we handle and protect your data, visit our privacy center.

Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive.

To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.

Read our editorial policy to learn more about our process.