JOURNAL ARTICLE

The Long-Term Costs of Wind Turbines.

  • Published In: Harvard Business Review Digital Articles, 2024. P. 1 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Aflaki, Sam; Atasu, Atalay; Van Wassenhove, Luk N. 3 of 3

Abstract

The article discusses the long-term costs of wind turbines and the need for wind farm operators to consider maintenance and decommissioning costs in their projections. It draws parallels between the wind energy industry and Pennsylvania's oil industry, highlighting the environmental and societal consequences of neglecting proper decommissioning and maintenance. The article emphasizes the importance of considering the entire lifecycle of wind farms, including environmental impact and lifecycle costs, to ensure the long-term sustainability and viability of wind energy projects. It also suggests that smaller blades may be more suitable for farther offshore projects, challenging the assumption that bigger is always better in the wind industry. The article concludes by cautioning against repeating past mistakes and emphasizes the need to look beyond short-term clean energy gains to avoid replacing one form of environmental degradation with another. [Extracted from the article]

Additional Information

  • Source:Harvard Business Review Digital Articles. 2024/02, p1
  • Document Type:Article
  • Subject Area:Social Sciences and Humanities
  • Publication Date:2024
  • Accession Number:175694983
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