The Economics of Wind Energy: A Survey and Status Report

21 Pages Posted: 8 Dec 2008 Last revised: 29 Sep 2013

See all articles by John D. Martin

John D. Martin

Baylor University - Department of Finance, Insurance & Real Estate

J. Douglas Ramsey

EXCO Resources, Inc.

Date Written: January 15, 2009

Abstract

Our objective in writing this paper is to share what we have learned about the promise of wind energy and its potential contribution to a comprehensive solution to the long-term energy needs of the U.S. economy. The immediate impetus for our interest came out of a meeting with famed oilman and entrepreneur Boone Pickens and members of his wind power team in the summer of 2008. In that meeting we learned about their vision for the role of wind power in addressing our nation's energy future. That meeting brought two friends together who share a common concern about the growing dependence of the U.S. economy on the importation of foreign oil.

Keywords: energy, wind, electric utility, power generation

JEL Classification: A10, D24, D61, G28, H43, L50, L94, L97, L98, Q20, Q42

Suggested Citation

Martin, John D. and Ramsey, J. Douglas, The Economics of Wind Energy: A Survey and Status Report (January 15, 2009). Available at SSRN: https://ssrn.com/abstract=1311940 or http://dx.doi.org/10.2139/ssrn.1311940

John D. Martin (Contact Author)

Baylor University - Department of Finance, Insurance & Real Estate ( email )

P.O. Box 98004
Waco, TX 76798-8004
United States
254-710-4473 (Phone)
254-710-1092 (Fax)

HOME PAGE: http://hsb.baylor.edu/html/martinj

J. Douglas Ramsey

EXCO Resources, Inc. ( email )

12377 Merit Dr.
Suite 1700
Dallas, TX 75251
United States

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