ECN publication
Technical and economic features of renewable electricity technologies
Published by: Publication date:
ECN Policy Studies 28-6-2010
ECN report number: Document type:
ECN-E--10-034 ECN publication
Number of pages: Full text:
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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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