IRON AND STEEL INDUSTRY’S PERSPECTIVE FOR WIND POWER 20

Oleg Margina () and Cristina Maria Partal ()
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Oleg Margina: Bucharest University of Economic Studies
Cristina Maria Partal: Bucharest University of Economic Studies

Proceedings of Administration and Public Management International Conference, 2013, vol. 9, issue 1, 289-297

Abstract: Wind power gained an increasing attention during the last decades, although the motivation was not always the same. Currently, the support for wind power is grounded, mainly, on its low environmental impact due to the high potential and non-exhaustible pattern of resources along with little pollution during generation. By 2030 it is expected that a fifth of the power generated worldwide will be produced by wind power plants. Departing from these facts we question the outlook for one of the key industries for both energy production and environment. The growth of wind power will trigger a certain increase in steel industry’s output, but this increase will not exceed the production capacity. Instead, such increase could bring in a contribution to improving the efficiency in iron and steel industry, although this surplus will not be able to produce a significant growth of the steel capacity utilisation ratio.

Keywords: green economy; iron and steel industry; renewable energy sources; wind power (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:rom:compca:v:9:y:2013:i:1:p:289-297

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