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van Kooten, G. Cornelis; Timilsina, Govinda R.. |
In this study, the prospects of wind power at the global level are reviewed. Existing studies indicate that the earth’s wind energy supply potential significantly exceeds global energy demand. Yet, only 1% of the global electricity demand is currently derived from wind power despite 40% annual growth in wind generating capacity over the last 25 years. More than 98% of total current wind power capacity is installed in the developed countries plus China and India. Existing studies estimate that wind power could supply 7% to 34% of global electricity needs by 2050. Wind power faces a large number of technical, financial, institutional, market and other barriers. To overcome these, many countries have employed various policy instruments, including capital... |
Tipo: Working or Discussion Paper |
Palavras-chave: Wind energy; Renewable energy; Electricity grids; Resource /Energy Economics and Policy; Q25; Q32; Q42; Q48. |
Ano: 2008 |
URL: http://purl.umn.edu/45665 |
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