GLG Network Survey Tracker: Wind Turbines IV

SURVEY DETAILS

TARGET POPULATION

For this Network Survey, GLG surveyed 70 senior executives working in the wind power industry across the US and Europe (UK, France, Germany, Italy, Spain). This is the fourth iteration in this tracker series.

What will you learn from this survey?

• Respondents discussed the operations and purchasing plans for the next years.
• The survey also covered the competitive landscape of the key OEMs in the market along with the respondents’ projections on the future outlook of the industry.
• Lastly, the research provided insights into the respondents’ satisfaction with the component warranties they receive from the OEMs.

Example of findings:

• 40% of experts indicated that their firm is unlikely to delay the purchase of wind turbines currently due to the war in Ukraine.
• Over half of the experts (57%) rated Siemens-Gamesa as the top manufacturer in terms of satisfaction.
• 31% of respondents agreed that the length of Wind Turbine Warranties is 6-10 years compared to only 14% in the previous wave (March 2023).

DELIVERABLES

The GLG Surveys team drafted the questionnaire with the support of GLG Network Member, Randall Tinkerman, former Consulting Due Diligence, Offshore Wind Tender Evaluator at the Ministry of Economic Affairs & Climate in the Netherlands.

The standard deliverable includes:

• 1 x Individual responses (“raw data”) in Excel.
• 1 x PPT report with aggregated data.
• Executive summary with key takeaways and highlights from the raw data.

SAMPLE QUESTIONS

• How satisfied are you with the wind turbines purchased from the following OEMs?
• From which of the following wind turbine OEMs are you likely to purchase in the future?
• Which of the following OEMs is the preferred one by your firm?
• Has your firm delayed purchases of wind turbines as a result of the Russian war in Ukraine in the last 12-24 months?
• What impact had the cost increases for wind turbines and raw materials affected your business sector?
• Has your firm increased its selling energy cost within the past 12-18 months?
• In your view, are customers coping well with the increased costs?
• From your perspective, how likely are businesses in your sector to adapt their wind turbines or wind projects for the production of hydrogen or other P2X fuels in the next 3 years?

ACCESS

This survey is available to subscribers of the Energy and Industrials (EI) sector (Limited subscriptions and above). This offer includes the raw data file and a high-level presentation through PowerPoint. Please contact your GLG representative for details on your firm’s access.

DISCLAIMER:

Please be advised that GLG Network Surveys operate differently than traditional GLG consultations, surveys, teleconferences, etc. and it is advisable that you consult with your firm’s legal and/or compliance department to review your use of the product and the payment for such work under your current subscription. 

By downloading this document and/or participating in the Network Survey, you understand and agree that the information and material provided by GLG, including survey results and survey proposal information, is provided for your own insight and informational purposes only. You further acknowledge and agree that this is a Network Survey for multiple GLG clients, and the results will be provided to all GLG clients that agree to participate in the Network Survey and GLG clients that agree to purchase the Survey results in the future. All survey results do not constitute investment advice or a recommendation. In using this Survey, you agree to hold Gerson Lehrman Group and the Survey respondents harmless and free of all liability as a result of your use of this Network Survey, other than liability resulting from the gross negligence or wilful misconduct of the protected party. You otherwise agree to be bound by Gerson Lehrman Group’s Usage Policies in your interactions with Gerson Lehrman Group and your receipt of services. These Survey results are for are for client’s own use and client shall not redistribute, disseminate, publish, or display the same, in whole or in part, to any third parties or publicly without the prior written permission of Gerson Lehrman Group, except explicitly set forth in your agreement with GLG. This survey will be double-blinded to both client and respondent. GLG reserves the right to restrict the number of clients that can pre-commit access. These Network Surveys are priced outside of standard GLG subscriptions but at a substantially reduced price to commissioning a fully proprietary GLG Network Survey. Upon finding these terms acceptable, please send an affirmative confirmation via email, which GLG will file in its records. Once confirmed, please note that the Client’s agreement to purchase the Network Survey is a legally binding and irrevocable commitment. If the survey is not included within your subscription, GLG will invoice Client for the fees due for the Network Survey. Please note that some respondents may not be Network Members, and the Terms and Conditions of Network Membership would not apply to such respondents and detailed records for them will not be available aside from the information that GLG capture in the Network Survey.