• 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