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Economies of Scale for Wind Farms

Geoff Riley

23rd May 2009

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The scale of the new farm project at Eaglesham Moor near Glasgow is stunning but projects of this type inevitably create a huge furore especially for those living in the area. My own personal view is that wind farms as a source of renewable energy are things of beauty - this BBC video provides an aerial view of the Glasgow project and might be a good one to use when teaching about the economics of renewable energy, cost benefit analysis and economies of scale.

The UK Government has a target of providing 15.4% of all electricity supply from renewable sources by 2015. Jim recently blogged about the London Array here

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Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.

@tutor2uGeoff

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