Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
612-822-4611

  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Wind Energy Deployment and the Relevance of Rare Earths: An Economic Analysis

Wind Energy Deployment and the Relevance of Rare Earths: An Economic Analysis

Brumme, Anja

Paperback

Series: Bestmasters

Investing & FinanceGeneral Political ScienceGeneral Science

ISBN10: 365804912X
ISBN13: 9783658049126
Publisher: Springer Gabler
Published: Feb 4 2014
Pages: 87
Weight: 0.33
Height: 0.26 Width: 5.83 Depth: 8.27
Language: English
The worldwide deployment of wind power plants is soaring. Yet the availability of their construction materials could be a potential bottleneck. As rare earth elements represent the most critical materials, Anja Brumme provides a market analysis of rare earths, ascertaining that geological scarcity is not the main problem. Instead, the author identifies four kinds of market failure: market power, co-production, by-production and negative externalities. It becomes apparent that the market for rare earth metals is in a state of severe disequilibrium. Subsequently, her estimate of future rare earth demand patterns based on the wind power industry by 2050 reveals that the current level of supply is unlikely to be sufficient in the long run. To allow for a more elaborate analysis, the author suggests two options of including a rare earth side condition in an integrated assessment model.

Also in

General Science

View All