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

Brumme, Anja

Couverture souple

ISBN 10 : 365804912X ISBN 13 : 9783658049126

Editeur : Springer Gabler, 2014

Synopsis

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.

A propos du livre

À propos de l'auteur

Anja Brumme has studied European Studies and Economics and is currently working as a research assistant at the Chair of Economic Policy at Chemnitz University of Technology.

Détails de l'édition

• Éditeur: Springer Gabler
• Date d'édition: 2014
• Langue: anglais
• ISBN 10: 365804912X
• ISBN 13: 9783658049126
• Reliure: Broché
• Nombre de pages: 108
• Coordonnées du fabricant: Springer Nature Customer Service Center GmbH; ProductSafety@springernature.com; ; Europaplatz 3; Heidelberg; 69115; Allemagne