Wind energy is the most readily available and competitive energy alternative after hydroelectric power. Researchers and business media alike affirm that experience and amount of capacity is driving the levelized cost of the wind industry down. The drop in costs of energy, technology advancements, policy and the long term rising price of oil are driving the growth of Wind power generation industry. Within this paper we constructed a demand and supply model of the wind energy farms market to determine that the levelized cost of energy and the technology affects the supply of wind energy, while the levelized cost of energy, the price of oil and competitors, like the clean coal, disturbs the demand.

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