How Much Wind-Powered Electricity May Be Generated in 2040 by China, the U.S. and Four Other Countries?

International J. of Energy Technology and Policy (2020), Vol.16, No.2, pp.196-212

20 Pages Posted: 23 Sep 2016 Last revised: 25 Nov 2020

See all articles by Yu Sang Chang

Yu Sang Chang

Gachon University - College of Business and Economics

Hann Earl Kim

Gachon University - College of Business and Economics

Seongmin Jeon

Gachon University - College of Business and Economics

Yoo-Taek Lee

Endicott College of International Studies, Woosong University

Date Written: September 22, 2016

Abstract

Past projections of wind-powered electricity by several organizations including Energy Information Administration have been too conservative in the past. We generate alternative projections for China, the U.S., India, Canada, Japan and South Korea and compare them against the projections made by EIA for the years of 2020, 2030, and 2040. Although our projections are much higher than the EIA’s for all five countries with the exception of Japan, our projections are supported by several projections made by other organizations including the respective government sources. Implications from our findings will be discussed as well.

Keywords: Wind-Powered Electricity, Experience Curve, Wind Electricity Intensity, Wind-Powered Net Electricity Generation

JEL Classification: L94

Suggested Citation

Chang, Yu Sang and Kim, Hann Earl and Jeon, Seongmin and Lee, Yoo-Taek, How Much Wind-Powered Electricity May Be Generated in 2040 by China, the U.S. and Four Other Countries? (September 22, 2016). International J. of Energy Technology and Policy (2020), Vol.16, No.2, pp.196-212, Available at SSRN: https://ssrn.com/abstract=2842197 or http://dx.doi.org/10.2139/ssrn.2842197

Yu Sang Chang

Gachon University - College of Business and Economics ( email )

Korea

Hann Earl Kim

Gachon University - College of Business and Economics ( email )

Korea

Seongmin Jeon (Contact Author)

Gachon University - College of Business and Economics ( email )

1342 Seongnamdaero
Sujeong-gu
Seongnam, Gyeonggi 461-701
Korea

Yoo-Taek Lee

Endicott College of International Studies, Woosong University ( email )

171 Dongdaejeon-ro
Dong-gu
Daejeon, 34606
Korea, Republic of (South Korea)
042-630-9795 (Phone)
042-630-9881 (Fax)

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