In theory, though, an energy source like wind could allow an economic block the means to produce manufactured products more cheaply than a different region using an expensive fuel. This only works if the TAR (Time-Adjusted Return) is reasonable, though.
If we take the total wind power generated for the calendar year 2007 and divide that by the total nameplate rating capacity, then we realized a capacity factor in the US of about 21.8%. If we take the total rated nameplate capacity installed up to the end of 2007, we can figure out our dollar investment so far (within order of magnitude): about $9.5 billion. If we take that $9.5 billion and divide it by the total actual wind power generated in the US (
32.14 TWh), then we get almost 29.5 cents per KWh, so it has the potential to pay for itself in fairly short order since the average cost per kilowatt-hour in the US is about $0.11 (
source).
The real devil in the details gets into the control of the grid and the compensation for wind fluctuations. As long as installation is done in areas where we've got high quality wind, it's not a bad supplement to the system. To me, it's the perception that a lot of folks get that we can do the majority of our generation this way and that just won't fly as a practical matter. But nobody ever accused most people or politicians of being practical...