Competitive assessment of South Asia's wind power industry: SWOT analysis and value chain combined model

Muhammad Irfan, Yu Hao, Manoj Kumar Panjwani, Danish Khan, Abbas Ali Chandio, Heng Li

Research output: Journal article publicationJournal articleAcademic researchpeer-review

11 Citations (Scopus)

Abstract

During the last decade, the major South Asian countries (Pakistan, India, and Bangladesh) have effectively utilized wind electricity to avoid future energy predicament. However, the wind industry is being influenced by a diverse range of factors. The aim of this study is to develop a value chain model for the South Asian wind power industry, scrutinize both internal and external factors to analyze the viability of present condition and future roadmap to foster the wind energy sector by adopting Strengths, Weakness, Opportunities, and Threats (SWOT) model. Firstly, a novel value chain model was developed for the wind industry. Secondly, we identified the social, economic, and environmental factors, significantly influencing the competitiveness and development of the wind industry through clear and precise examination of strengths, weaknesses, opportunities, and threats in the South Asian perspective. A total of 19 factors were identified and analyzed. Research findings indicate the current situation and future projections of the wind industry in a competitive environment. Finally, we suggested essential policy measures to stabilize the wind industry's growth. This study will serve as a benchmark for the steady development of the wind power industry and towards a secure and sustainable South Asia.

Original languageEnglish
Article number100540
JournalEnergy Strategy Reviews
Volume32
DOIs
Publication statusPublished - Nov 2020

Keywords

  • South asia
  • SWOT Analysis
  • Value chain model
  • Wind energy
  • Wind energy market players
  • Wind turbines

ASJC Scopus subject areas

  • Energy (miscellaneous)

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