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Experience Curves Vs Dynamic Cost-Resource Curves and Their Impact on the Assessment of the Future Development of Renewables

Author

Listed:
  • Gustav Resch
  • Thomas Faber
  • Reinhard Haas
  • Claus Huber

Abstract

The recent development of several Renewable Energy Sources for electricity generation (RES-E) is characterised by decreasing investment costs and limited resources. In this paper we analyse the ambiguous role of these two effects and the consequences for deriving effective promotion policies for RES-E. Dynamic costresource curves will be derived which combine both approaches. They represent a tool to assist policy makers in deriving efficient and effective promotion instruments. By its application results can be gained with respect to both costs (i.e. efficiency) and penetration (i.e. effectiveness). Due to the combined consideration of resource restrictions and dynamic cost developments, dynamic cost-resource curves assist in deriving the optimal time-path for policy instruments.

Suggested Citation

  • Gustav Resch & Thomas Faber & Reinhard Haas & Claus Huber, 2004. "Experience Curves Vs Dynamic Cost-Resource Curves and Their Impact on the Assessment of the Future Development of Renewables," Energy & Environment, , vol. 15(2), pages 309-321, March.
    • Handle: RePEc:sae:engenv:v:15:y:2004:i:2:p:309-321
    DOI: 10.1260/095830504323153496
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    Cited by:

    1. Tsioliaridou, E. & Bakos, G.C. & Stadler, M., 2006. "A new energy planning methodology for the penetration of renewable energy technologies in electricity sector--application for the island of Crete," Energy Policy, Elsevier, vol. 34(18), pages 3757-3764, December.
    2. Stadler, Michael & Kranzl, Lukas & Huber, Claus & Haas, Reinhard & Tsioliaridou, Elena, 2007. "Policy strategies and paths to promote sustainable energy systems--The dynamic Invert simulation tool," Energy Policy, Elsevier, vol. 35(1), pages 597-608, January.

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