What are the Economical Impacts of Wind Energy?

Question

I have this math project and I really dont know how to answer this question.

Answer 1

renewable source so energy is much cheaper. This leads to lower fixed costs for firms and households and thus higher amounts of money left over.

It can also drive down the profits of oil, gas, and coal factories as their power won't be as highly demanded.

Answer 2

the possibilities of such & ramifications are so, that it just...

(dare i say it)  blows me away;)

Answer 3

First, it is a source of renewable energy. That is benefical to the economy.  It is also reliable and last a long time.  The setbacks are that it is costly to make the turbines and may be a hassle to find places to put the wind turbines. The noise may annoy the people living in the nearby areas. This may affect the housing industry in the nearby towns. Less houses will be bought and money will be lost.

  Also, if a bird gets caught in the turbine, it can cause damage to the turbine.  The bird will die as well.  The cost to replace a turbine will be very expensive.

  But since wind is a natural resource, the impacts on the environment would be very little.

Answer 4

stuff

Answer 5

Power sources such as wind are not economical. If it was then there would not be a debate on which is better.

Answer 6

Wind energy is very clean and "green" as we would say it in the US. I would think wind energy wouldn't make a huge impact because the power generated is going to be less than a conventional power plant. The demand for energy is always increasing, so the demand probably wouldn't ever be less than the supply. Plotting that as an economic graph equals profit.