Installed wind capacity has grown rapidly over the past decade. As growth and investment continue to increase, it is important to consider aspects of cost, public opinion and policy instruments.
International Experience With Implementing Wind Energy
International Experience With Implementing Wind Energy
Canadian Economic Analysis
Sustainable Economy
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- Electricity from wind tends to be more costly to produce than electricity from traditional sources, but is becoming competitive in some regions.
- Intermittency is the single biggest challenge for the development of wind energy.
- Public opinion favours the use of wind power in the abstract, but the initial stages of wind development tend to invite the ‘not in my backyard’ (NIMBY) syndrome, although this may abate following installation.
- A variety of policy instruments is required to assist the market growth of wind energy.
- There are practical limits to the amount of electricity that wind turbines can contribute to an electricity grid based on the availability of sites with the desirable conditions and grid integration.
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