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Title:
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Technical and economic features of renewable electricity technologies
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Author(s):
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Published by:
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Publication date:
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ECN
Policy Studies
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28-6-2010
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ECN report number:
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Document type:
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ECN-E--10-034
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ECN publication
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Number of pages:
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Full text:
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50
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Download PDF
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Abstract:
Renewable energy technologies show a steady growth both in Europe and on a global scale. In this study, the potential for cost reduction of renewable energy technologies is investigated, based on assumed learning effects. These learning effects may involve cost reductions of 5-20% for each doubling of the cumulative installed capacity for a specific renewable energy technology. The extent to which the investment costs (and also the operation and maintenance costs) of a technology may be reduced, depend therefore on two main variables, i.e. on the one hand the learning effect that is representative for that technology and on the other hand the potential expansion of the global (or European) capacity of the technology of interest. In this way, future investment costs and operation and maintenance costs of key renewable energy technologies are estimated.
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