• editor@ijmra.in
  • ISSN[Online] : 2643-9875  ||  ISSN[Print] : 2643-9840

Volume 07 Issue 03 March 2024

Wind Power Development and Impact on the Local Economy: International Experience and Suggestions for Vietnam
1Van Thao Thi Dinh, 2Dan Thao Le Phan, 3Tuong Thanh Tran
1,2Student, Faculty of Marketing, National Economics University, Hanoi, Vietnam
3Student, Faculty of Real Estate and Resources Economics, National Economics University, Hanoi, Vietnam
DOI : https://doi.org/10.47191/ijmra/v7-i03-24

Google Scholar Download Pdf
ABSTRACT:

In the context of the global focus on renewable energy policies, wind power development plays a crucial role in the sustainable energy transition and enhancing local economies. This paper aims to explore and analyze international experiences in wind power development, especially from leading countries like the U.S. and China, and propose lessons applicable to Vietnam. We focus on how wind power can positively impact local economies through job creation, investment attraction, and promoting sustainable economic development, while suggesting necessary policies and technical support to boost the wind power sector in Vietnam.

KEYWORDS:

Wind power, Economic impacts, Local economy

REFERENCES
1) Alex (2023) Global wind report 2023, Global Wind Energy Council. Available at: https://gwec.net/globalwindreport2023/ (Accessed: February 24, 2024).

2) De Silva, D. G., McComb, R. P. and Schiller, A. R. (2016) “What blows in with the wind?: What blows in with the wind?,” Southern economic journal, 82(3), pp. 826–858. doi: 10.1002/soej.12110.

3) Brown, J. P. et al. (2012) “Ex post analysis of economic impacts from wind power development in U.S. counties,” Energy economics, 34(6), pp. 1743–1754. doi: 10.1016/j.eneco.2012.07.010.

4) Slattery, M. C., Lantz, E. and Johnson, B. L. (2011) “State and local economic impacts from wind energy projects: Texas case study,” Energy policy, 39(12), pp. 7930–7940. doi: 10.1016/j.enpol.2011.09.047.

5) Lantz, E. and Tegen, S., 2008. Variables affecting economic development of wind energy (No. NREL/CP-500-43506). National Renewable Energy Lab.(NREL), Golden, CO (United States).

6) Lantz, E., 2008. Economic development benefits from wind power in Nebraska: A report for the Nebraska energy office. US Department of Energy Publications, p.24.

7) Wiser, R., & Bolinger, M. (2011). 2010 wind technologies market report (No. NREL/TP-5000-51783; DOE/GO-102011-3322). National Renewable Energy Lab.(NREL), Golden, CO (United States).

8) U.S. energy Information Administration - EIA - independent statistics and analysis (no date) Eia.gov. Available at: https://www.eia.gov/state/?sid=TX (Accessed: February 25, 2024).

9) Sadorsky, P. (2021) “Wind energy for sustainable development: Driving factors and future outlook,” Journal of cleaner production, 289(125779), p. 125779. doi: 10.1016/j.jclepro.2020.125779.

10) Wind energy policies and incentives (no date) Energy.gov. Available at: https://windexchange.energy.gov/policies-incentives (Accessed: February 25, 2024).

11) Renewable energy statistics 2023 (2023) Irena.org. Available at: https://www.irena.org/Publications/2023/Jul/Renewable-energy-statistics-2023 (Accessed: February 25, 2024).

12) State Council of China, 2010. Renewable Energy Midterm Long Term Development Plan.

13) State Council of China, 2014. Energy Development Strategy Action Plan (2014–2020).

14) Xia, F. and Song, F. (2017b) “The uneven development of wind power in China: Determinants and the role of supporting policies,” Energy economics, 67, pp. 278–286. doi: 10.1016/j.eneco.2017.08.008.

15) Zhao, Z.-Y., Chang, R.-D. and Chen, Y.-L. (2016) “What hinder the further development of wind power in China?—A socio-technical barrier study,” Energy policy, 88, pp. 465–476. doi: 10.1016/j.enpol.2015.11.004.

16) Xia, F. and Song, F. (2017a) “Evaluating the economic impact of wind power development on local economies in China,” Energy policy, 110, pp. 263–270. doi: 10.1016/j.enpol.2017.08.030.

17) Yang, Q. et al. (2013) “Environmental sustainability of wind power: An emergy analysis of a Chinese wind farm,” Renewable and Sustainable Energy Reviews, 25, pp. 229–239. doi: 10.1016/j.rser.2013.04.013.

18) Zhang, S. et al. (2020) “China in global wind power development: Role, status and impact,” Renewable and Sustainable Energy Reviews, 127(109881), p. 109881. doi: 10.1016/j.rser.2020.109881.

19) Renewable power generation costs in 2022 (2023) Irena.org. Available at: https://www.irena.org/Publications/2023/Aug/Renewable-Power-Generation-Costs-in-2022 (Accessed: February 25, 2024).

20) Shrimali, G., Lynes, M. and Indvik, J. (2015) “Wind energy deployment in the U.S.: An empirical analysis of the role of federal and state policies,” Renewable and Sustainable Energy Reviews, 43, pp. 796–806. doi: 10.1016/j.rser.2014.11.080.

21) Nguyên, T. S. Đ. V., Nguyễn Xuân Hòa, T. and Nguyễn Thị Thu Hương, T. (2019) Cơ hội và thách thức trong phát triển điện gió ở Việt Nam, Vjst.vn. Available at: https://vjst.vn/Images/Tapchi/2019/6A/19-6A-2019.pdf (Accessed: February 25, 2024).

22) Nguyễn, T. T. H., & Nguyễn, T. N. (2022). Phát triển điện gió ven bờ, ngoài khơi ở, Liên minh Châu Âu và gợi mở cho Việt Nam= Coastal and offshore wind power development in the European Union and suggestions for Vietnam.
Volume 07 Issue 03 March 2024

There is an Open Access article, distributed under the term of the Creative Commons Attribution – Non Commercial 4.0 International (CC BY-NC 4.0) (https://creativecommons.org/licenses/by-nc/4.0/), which permits remixing, adapting and building upon the work for non-commercial use, provided the original work is properly cited.


Our Services and Policies

Authors should prepare their manuscripts according to the instructions given in the authors' guidelines. Manuscripts which do not conform to the format and style of the Journal may be returned to the authors for revision or rejected.

The Journal reserves the right to make any further formal changes and language corrections necessary in a manuscript accepted for publication so that it conforms to the formatting requirements of the Journal.

International Journal of Multidisciplinary Research and Analysis will publish 12 monthly online issues per year,IJMRA publishes articles as soon as the final copy-edited version is approved. IJMRA publishes articles and review papers of all subjects area.

Open access is a mechanism by which research outputs are distributed online, Hybrid open access journals, contain a mixture of open access articles and closed access articles.

International Journal of Multidisciplinary Research and Analysis initiate a call for research paper for Volume 07 Issue 05 (May 2024).

PUBLICATION DATES:
1) Last Date of Submission : 26 May 2024 .
2) Article published within a week.
3) Submit Article : editor@ijmra.in or Online

Why with us

International Journal of Multidisciplinary Research and Analysis is better then other journals because:-
1 : IJMRA only accepts original and high quality research and technical papers.
2 : Paper will publish immediately in current issue after registration.
3 : Authors can download their full papers at any time with digital certificate.

The Editors reserve the right to reject papers without sending them out for review.

Authors should prepare their manuscripts according to the instructions given in the authors' guidelines. Manuscripts which do not conform to the format and style of the Journal may be returned to the authors for revision or rejected. The Journal reserves the right to make any further formal changes and language corrections necessary in a manuscript accepted for publication so that it conforms to the formatting requirements of the Journal.

Indexed In
Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar