DocumentCode :
304221
Title :
Forecasting the US market for windpower
Author :
Hoffman, George ; Garges, Kenneth
Author_Institution :
Dept. of Econ., California Univ., Santa Cruz, CA, USA
Volume :
3
fYear :
1996
fDate :
11-16 Aug 1996
Firstpage :
1767
Abstract :
Projections to the middle of the next century indicate that future wind-electricity is likely to cost from 5.5 to 7.7 cents per kWh, and that its US market share may be around 4 to 5% of the total. Wind-turbines produce electricity cheaper than nuclear powerplants and may soon become competitive with fossil-fuelled generators. As wind power´s clear superiority to nuclear accelerates, electric utilities may need new marketability assessments: this one is based on their own criterion, namely the outlook for the cost of electricity (CoE) to the customer. The study compiled others´ estimates for distant-future wind-CoE (WCoE) and fossil-CoE (FCoE), and a way of forecasting wind-electricity market size 50 years hence
Keywords :
costing; economics; electricity supply industry; wind power; wind power plants; USA; cost of electricity; electric utilities; electricity generation; turbines; windpower market; Acceleration; Cost function; Economic forecasting; Fuel economy; Nuclear power generation; Power generation; Power generation economics; Technology forecasting; Uncertainty; Wind forecasting;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Energy Conversion Engineering Conference, 1996. IECEC 96., Proceedings of the 31st Intersociety
Conference_Location :
Washington, DC
ISSN :
1089-3547
Print_ISBN :
0-7803-3547-3
Type :
conf
DOI :
10.1109/IECEC.1996.553369
Filename :
553369
Link To Document :
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