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

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: 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