Title :
Investment opportunities and risk countermeasure analysis of non-grid-connected wind power industry
Author :
Bai, Ke ; He, Aishan
Author_Institution :
Jiangsu Acad. of Macroeconomic Res., Nanjing, China
Abstract :
With the global financial crisis, the new energy industry is brewing new economic growth points, as well as strategic commanding point of a new round of international competition. The development of large-scale non-grid-connected wind power application techniques has been breaking the bottleneck of traditional grid-connected technology. In terms of the wind power proportion in the entire power grid, this development has significantly reduced the failure rate of wind turbine, as well as avoiding the impact load on the power grid. Based on the analysis of non-grid-connected wind power investment fields, market prospects, government policy, technical and risk countermeasure, this article explains the investment value and competitive advantage of non-grid-connected wind power applications in the development of new energy industry.
Keywords :
electrical products industry; investment; power generation economics; power grids; risk analysis; wind power; wind turbines; economic growth points; energy industry; global financial crisis; investment opportunities; nongrid-connected wind power industry; power grid; risk countermeasure analysis; strategic commanding point; wind turbine; Industrial economics; Investments; Large-scale systems; Macroeconomics; Manufacturing industries; Power grids; Risk analysis; Wind energy; Wind energy generation; Wind turbines; Non-grid-connected wind power; a breakthrough of wind power industry; investment risk;
Conference_Titel :
World Non-Grid-Connected Wind Power and Energy Conference, 2009. WNWEC 2009
Conference_Location :
Nanjing
Print_ISBN :
978-1-4244-4702-2
DOI :
10.1109/WNWEC.2009.5335856