The impacts of wind technology advancement on future global energy

Xiaochun Zhang, Chun Ma, Xia Song, Yuyu Zhou and Weiping Chen

Applied Energy, 2016, vol. 184, issue C, 1033-1037

Abstract: To avoid additional global warming and environmental damage, energy systems need to rely on the use of low carbon technologies like wind energy. However, supply uncertainties, production costs, and energy security are the main factors considered by the global economies when reshaping their energy systems. Here, we explore the potential roles of wind energy technology advancement in future global electricity generations, costs, and energy security. We use an integrated assessment model performing a series of technology advancement scenarios. The results show that double of the capital cost reduction causes 40% of generation increase and 10% of cost ​decrease on average in the long-term global wind electricity market. Today’s technology advancement could bring us the benefit of increasing electricity production in the future 40–50years, and decreasing electricity cost in the future 90–100years. The technology advancement of wind energy can help to keep global energy security and stability. An aggressive development and deployment of wind energy could in the long-term avoid 1/3 of gas and 1/28 of coal burned, and keep 1/2 biomass and 1/20 nuclear fuel saved from the global electricity system. The key is that wind resources are free and carbon-free. The results of this study are useful in broad coverage ranges from innovative technologies and systems of renewable energy to the economic industrial and domestic use of energy with no or minor impact on the environment.

Keywords: Electricity generation; Wind energy; GHG mitigation; Electricity cost; Energy security (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (22)

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DOI: 10.1016/j.apenergy.2016.04.029

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