SBIR Consultant – Market Analysis: There are many issues of importance to be stressed in writing a competitive SBIR proposal. One of these is market analysis: urgent need for your innovation, your competition, showstopper issues, cost, and policy/legal impediments. The blog below is an example of a snapshot market analysis where the American market for off shore wind turbines has made little commercial success compared to the European Union. One would have to ask why. Lack of Government support? Unassailable wall from the fossil fuel industry? Possible reason for 0 to 584: the E.U. does not have a bloated military budget as does the U.S. Does your innovation face this challenge?
United States: With a Gross Domestic Product Product (GDP) of $17.4T in 2014, the U.S. is finally embarking on an offshore wind turbine project.
In July 2015, “American offshore wind developer, Deepwater Wind, installed the first foundation for what is expected to be the first offshore wind farm in the United States. The project will be located three miles southeast of Block Island, Rhode Island.”
European Union: In contrast to the U.S. late start with offshore wind, the European Union (GDP of $18.5T in 2014) has achieved the following offshore wind development by June 2015:
“584 wind turbines were fully grid connected, totaling 2,342.9 MW (up 200% compared to the same period last year) in twelve wind farms: DanTysk (DE), Gwynt y Mor (UK), Humber Gateway (UK), Westermost Rough (UK), Amrumbank West (DE), Baltic 2 (DE), Borkum Riffgrund I (DE), Butendiek (DE), Global Tech 1 (DE). Luchterduinen (NL), Nordsee Ost (DE), and Trianel Windpark Borkum (DE).” Note that DE indicates Germany.Tags: Bloated Military Budget, Offshore Wind, Offshore Wind European Union, Offshore Wind U.S.