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Wind Energy Deployment and the Relevance of Rare Earths - An Economic Analysis (Paperback, 2014 ed.)
Loot Price: R1,738
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Wind Energy Deployment and the Relevance of Rare Earths - An Economic Analysis (Paperback, 2014 ed.)
Series: BestMasters
Expected to ship within 10 - 15 working days
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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.
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