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Wind-generated electricity is a growing renewable energy resource. Because wind results from the uneven heating (and resulting pressure gradients) of the Earth, future wind resources may be affected by anticipated climate change. Many studies have used global and regional climate models to predict trends in the future wind resource over the continental United States. While some of these studies identified regions that are expected to gain wind energy, their results often come with a high degree of uncertainty, and lack of agreement across different climate models. In this paper we focus on wind energy density as a measure of the available wind resource over the continental United States. We estimate the change in wind energy density from the period 1968–2000 to the period 2038–2070 by using output from four regional climate models from the North American Regional Climate Change Assessment Program (NARCCAP). We find strong agreement across all 4 models that the wind energy resource is expected to increase in parts of Kansas, Oklahoma, and northern Texas – a region already in possession of both large scale generating capacity and political support for wind energy. [ABSTRACT FROM AUTHOR]

Abstract: Efforts towards decarbonizing the energy system have to focus on individual actors within the system. Their current and potential future stake in energy consumption and contribution to climate change has to be analyzed when formulating energy policies targeting system-wide reduction efforts. Focusing on firms, this paper develops a framework for the assessment of corporate carbon performance. We use this framework for an empirical assessment of the 100 largest US electricity producers within three different carbon scenarios. Our results show that in a scenario without changes in the US institutional environment electricity producers will not face a severe increase of their carbon exposure and only a small improvement regarding the carbon intensity of the electricity mix is achieved. In a scenario with more carbon-constrained US energy market conditions some companies face a financial risk from using and emitting carbon that more than triples compared to today. However, in a scenario with strong investments in renewable energy technologies the carbon dependency of electricity production can be significantly reduced. We discuss these findings from a climate policy and financial markets perspective. [Copyright &y& Elsevier]