Impact of International Trade on Wind Energy

International trade-wind energy

Introduction
•The study will analyze the impact of
international trade on wind energy.
• The international trade is affecting the wind
energy industry will also be discussed.
•This is significant in the sense that it will analyze
the terms of trade for the countries like Australia,
China and India.
•Moreover, the study will also consider the terms of
trade for these countries regarding the policies that
is taken by the government regarding the subsidies
in the industries.

Wind energy industry
•Moreover, Australian economy is having huge
supply of minerals and the growth of the rapid
industrialization is going to increase the demand
of other economy regarding the consumption of
these minerals.
•Australian economy is having surplus of energy
and the presence of the high terrain and open land
is fuelling the urge of the wind energy (Chalvatzis
and Ioannidis, 2017).
•The graph below is showing Australia is having
continuous and stagnant growth regarding
installed wind capacity from 1997 till 2016.
•Until 2006, the investment in the wind energy
was showing a constant move but after that, India
and China started to increase their investment in
the wind energy (Curran et al. 2017).
1997
2000
2003
2006
2009
2012
2015
0
20
40
60
80
100
120
140
160
180
200
Installed Wind capacity
(gigawatts)
India
China
Australia
Volume of wind energy

Contd..
•Another important negative impact is that
subsidy in wind energy shift the
consumption of oil from the developed
nations to the developing nation.
•Taking the consideration of the wind
energy and the sustainability in the wind
energy is going to increase the
development of the oil consumption.
•This is because in the initial phase of
development and the developing nations
will not have that level of capacity to
install wind stations (Jebli and Youssef,
2015).