Use of experience curves to analyse the prospects for diffusion and adoption of renewable energy technology

Research output: Contribution to journalArticlepeer-review

Abstract

Experience curves are used to analyse the prospects for diffusion and adoption of renewable energy technologies, with special emphasis on wind turbines and photovoltaic (PV) modules. The analysis shows that the possibility of cost reductions of renewable energy technologies is greater than for conventional energy technologies. However, large investments are necessary to make wind turbines and PV modules economically competitive with conventional power plants. The results indicate that the prospects for diffusion and adoption of wind turbines and PV modules will increase if policy instruments are used to bring about diffusion.
Original languageEnglish
Pages (from-to)1099-1107
JournalEnergy Policy
Volume25
Issue number13
DOIs
Publication statusPublished - 1997

Subject classification (UKÄ)

  • Energy Systems

Free keywords

  • Experience curves
  • PV modules
  • Wind turbines

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