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The non-economic price barriers to wind power

by Payne, Ryan

Abstract

Currently, fossil fuels are the world’s primary energy source. However, the burning of fossil fuels, for energy, has many negative side effects. There is a growing consensus that burning fossil fuels leads to the greenhouse effect and global warming. The supply of fossil fuels is also finite. Thus, a clean and renewable energy source must eventually replace fossil fuels as our energy source. Wind power is currently the fastest growing, and most efficient, form of renewable energy. Wind power has the potential to unite profitable business with the protection of the environment. However, there are currently many non-price barriers that prohibit wind power from achieving its full potential. This paper takes a qualitative approach. Seven people involved with the wind industry are interviewed. This data is used to determine what barriers to wind power exist and how these barriers can be overcome. It also explores the need for the development of a Smart Grid to achieve the large-scale integration of renewable energy. The majority of the non-price barriers can be alleviated; however, the need for a Smart Grid still remains.

Note

bachelor

Bachelor of Arts

Includes bibliographical references.

Administrative Notes

None

Copyright
Copyright restrictions apply.
Publisher
Colorado College
PID
coccc:3416
Digital Origin
born digital
Extent
69 p. : color illustrations. color maps
Thesis
Senior Thesis -- Colorado College
Thesis Advisor
Smith, Mark
Department/Program
Department of Economics and Business
Degree Name
bachelor
Degree Type
Bachelor of Arts
Degree Grantor
Colorado College
Date Issued
2011