Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
8121954 | Renewable and Sustainable Energy Reviews | 2013 | 7 Pages |
Abstract
It is highly significant for China to improve its development of wind power. In order to promote the sustainable development, a more comprehensive evaluation of factors affecting the effectiveness of investment in the industry wind power is required to be conducted to formulate a relatively stable policy supporting mechanism for the development of wind power. Based on the green accounting framework, this paper evaluates a typical wind power project from economic, environment and energy alternative respects comprehensively. We simulate the main factors influencing cost and benefit of the wind power investment with the Monte Carlo method. Finally, we discuss how to promote wind power with respect to the concern of government, investors and environmentalists.
Related Topics
Physical Sciences and Engineering
Energy
Renewable Energy, Sustainability and the Environment
Authors
Hong Li, Minghua Xie, Tingting Zhang,