Businessweek:Wind power capacity in EU up 19 percent

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Wind power capacity in EU up 19 percent

Wind power capacity in the European Union increased by 19 percent in 2006, the wind energy industry's federation announced Thursday. The European Wind Energy Association said the industry in the 27-nation EU is now worth $11.7 billion and accounts in an average year for 3.3 percent of EU electricity consumption. The association said Germany and Spain continue to lead in the field in the environment-friendly sector, but that more EU nations were increasing investment in the technology.

"The figures clearly confirm that a second wave of European countries is investing in wind power," said Christian Kjaer, the association's chief executive.