Article ID: | iaor20115967 |
Volume: | 39 |
Issue: | 7 |
Start Page Number: | 4207 |
End Page Number: | 4214 |
Publication Date: | Jul 2011 |
Journal: | Energy Policy |
Authors: | Lu Xi, Tchou Jeremy, McElroy Michael B, Nielsen Chris P |
Keywords: | government, economics |
• Wind power competitiveness is driven by meteorology and proximity to the grid. • We spatially model U.S. onshore wind under ranges of subsidies and costs. • Wind power is competitive at a PTC subsidy of 2.1cents/kWh. • Under current PTC levels, profitable wind potential far exceeds U.S. power demand.