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The sensitivity of wind technology utilization to cost and market parameters
This study explores the sensitivity of future wind energy market penetration to available wind resources, wind system costs, and competing energy system fuel costs for several possible energy market evolution scenarios. The methodology for the modeling is described in general terms. Cost curves for wind technology evolution are presented and used in conjunction with wind resource estimates and energy market projections to estimate wind penetration into the market. Results are presented that show the sensitivity of the growth of wind energy use to key cost parameters and to some of the underlying modeling assumptions. In interpreting the results, the authors place particular emphasis on the relative influence of the parameters studied. 4 refs., 8 figs., 1 tab