The Impacts of Global Trade Wars on Wind Turbine Production and the Renewable Energy Sector: Case Study of Goldwind and GE Renewable Energy
DOI:
https://doi.org/10.5281/zenodo.10813122Anahtar Kelimeler:
Global Trade Wars, Wind Turbine Production, Renewable Energy Sector, Goldwind and GE Renewable EnergyÖzet
This study employs a comparative analysis approach to examine the effects of global trade wars on the renewable energy sector, with a specific focus on comparing the experiences of leading wind turbine manufacturers, Goldwind and GE Renewable Energy. In recent years, escalating trade tensions and protectionist trade policies have had the potential for significant repercussions on the growth of the renewable energy industry.
This research explores the direct impacts of trade wars on wind turbine production and their effects on supply chains from a comparative perspective. Additionally, it analyzes how major players in wind turbine production and the renewable energy sector have coped with and adapted to these challenging circumstances through a comparative lens.
The findings indicate that global trade wars can potentially slow down the growth of the renewable energy sector and increase costs. However, it is essential to note that these wars have also encouraged renewable energy producers to strengthen local supply chains and transition towards more sustainable production models.
By utilizing a comparative analysis approach, this study provides valuable insights into the complex effects of global trade wars on the renewable energy sector and how the industry can adapt to future challenges.
Referanslar
Abboushi, S. (2010). Trade Protectionism: Reason and Outcomes. An International Business Journal, 387.
Altuntaşoğlu, Z. (2009). Yerli Rüzgar Enerjisi Teknoloji Üretimi Destek Politikaları, İstihdam Olanakları ve Türkiye'deki Durum. Mühendis ve Makina Dergisi, 51.
Amadeo, K. (2021, 03 04). Retrieved 09 11, 2023, from the balance: https://www.thebalancemoney.com/smoot-hawley-tariff-lessons-today-4136667
Aydem Yenilenebilir Enerji. (2022, 04 11). Retrieved 09 23, 2023, from aydemyenilenebilir: https://www.aydemyenilenebilir.com.tr/haber/80/aydem-yenilenebilir-enerji-ruzgar-enerjisinde-buyumesini-surduruyor
Backwell, B. (2022, 05 19). GWEC Global Wind Energy Council. Retrieved 09 24, 2023, from gwec.net: https://gwec.net/wind-turbine-suppliers-see-record-year-for-deliveries-despite-supply-chain-and-market-pressures/
Barla, S. (2023, 04 21). windpower. Retrieved 09 10, 2023, from windpower: https://www.windpowermonthly.com/article/1820371/opinion-ge-learned-hard-lesson-its-patent-battle-siemens-gamesa
Başbuğa, İ. (2022, 10). Merkantalist Politikalardan 21. Yüzyıla Ticaret Savaşlarına. (V. Dinler, & Z. Bahadır, Eds.) Ankara Barosu Dergisi, 80(4), 412.
Bouët, A., & Debucquet, D. L. (2018). Make America and its partners lose again. The World Economy, 2276-2319.
Brander, J. A., & Spencer, B. J. (1985). Export Subsidies and International Market Share Rivalry. Journal of International Economics, 83-100.
Cohen, A. (2022, 05 23). China’s Wind Power Push Threatens US Strategic Interests. Retrieved 09 11, 2023, from Forbes: https://www.forbes.com/sites/arielcohen/2022/05/23/windy-times-in-american-energy-policy/?sh=42fddb0c1350
Conybeare, J. (1987). Trade Wars: The Theory and Practice of International Commercial Rivalry. New York Columbia University Press.
Çatalbaş, D. N. (2019). In Ticaret Savaşları ve Geleceği (p. 81). İstanbul: Beta Basım Yayım Dağıtım A.Ş. .
Desjardins, J. (2018, 07 13). A Short history of U.S. Trade Wars. Retrieved 09 11, 2023, from Visual Capitalist: https://www.visualcapitalist.com/history-u-s-trade-wars/
goldwind. (n.d.). Retrieved 09 09, 2023, from about goldwind: https://www.goldwind.com/en/about/detail/
IRENA, I. R. (2022). Renewable Energy and Jobs. Geneva: IRENA and ILO.
Johnson, H. G. (1953). Optimum tariffs and retaliation. Review of Economic Studies, 142-153.
Kimberly, A. (2022). What is Trade Protectionism. Retrieved 09 09, 2023, from thebalancemoney: https://www.thebalancemoney.com/what-is-trade-protectionism-3305896#:~:text=Trade%20protectionism%20is%20a%20policy,%2C%20quotas%2C%20and%20currency%2020%
Lico, E. (2023, 05 08). woodmac. Retrieved 09 25, 2023, from Goldwind captures the top spot for global wind turbine supply: https://www.woodmac.com/news/opinion/goldwind-captures-the-top-spot-for-global-wind-turbine-supply/
Little, B. (2018, 09 20). The Great Depression Lesson About Trade Wars. Retrieved 09 11, 2023, from History: https://www.history.com/news/trade-war-great-depression-trump-smoot-hawley
Ossa, R. A. (2011, 02 1). New Trade Theory of GATT/WTO Negotiations. Journal of Political Economy, 119(1), 124.
Ossa, R. A. (2011). New Trade Theory of GATT/WTO Negotiations. Journal of Political Economy, 122-152.
Russell, T. (2022, 11 30). GE Renewable Energy wins UK patent dispute with SGRE. Retrieved from 4coffshore.com: https://www.4coffshore.com/news/ge-renewable-energy-wins-uk-patent-dispute-with-sgre-nid26845.html
wind turbine. (2019, 09 30). Retrieved 09 11, 2023, from ge: https://www.ge.com/news/reports/ge-yenilenebilir-enerji-51-megavatlik-gazi-9-ruzgar-enerji-santrali-icin-cypress-turbinleri
Windeurope. (n.d.). Retrieved 09 09, 2023, from ge renewable energy: https://windeurope.org/2020successes/ge-renewable-energy/
Woods, B. (2023, 04 17). From GE to Siemens, the wind energy industry hopes billion in losses are about to end. Retrieved from CNBC: https://www.cnbc.com/2023/04/17/from-ge-to-siemens-wind-energy-hopes-its-crisis-is-about-to-end.html
WYK, B. V. (2023, 07 25). BUSINESS & TECHNOLOGY. Retrieved 09 21, 2023, from THE CHINA PROJECT: https://thechinaproject.com/2023/07/25/chinas-wind-power-companies-are-giants-but-they-arent-going-to-take-over-the-world-yet/
İndir
Yayınlanmış
Nasıl Atıf Yapılır
Sayı
Bölüm
Lisans
Telif Hakkı (c) 2024 Journal on Mathematic, Engineering and Natural Sciences (EJONS)
Bu çalışma Creative Commons Attribution-NonCommercial 4.0 International License ile lisanslanmıştır.
