LAPSE

LAPSE:2019.0279
Published Article
LAPSE:2019.0279
A Review of Factors Influencing the Cost Development of Electricity Generation Technologies
February 5, 2019
This article reviews the literature on the past cost dynamics of various renewable, fossil fuel and nuclear electricity generation technologies. It identifies 10 different factors which have played key roles in influencing past cost developments according to the literature. These 10 factors are: deployment-induced learning, research, development and demonstration (RD&D)-induced learning, knowledge spillovers from other technologies, upsizing, economies of manufacturing scale, economies of project scale, changes in material and labour costs, changes in fuel costs, regulatory changes, and limits to the availability of suitable sites. The article summarises the relevant literature findings for each of these 10 factors and provides an overview indicating which factors have impacted on which generation technologies. The article also discusses the insights gained from the review for a better understanding of possible future cost developments of electricity generation technologies. Finally, future research needs, which may support a better understanding of past and future cost developments, are identified.
Keywords
cost development, economies of scale, electricity generation technologies, literature review, technological learning
Suggested Citation
Samadi S. A Review of Factors Influencing the Cost Development of Electricity Generation Technologies. (2019). LAPSE:2019.0279
Author Affiliations
Samadi S: Wuppertal Institute for Climate, Environment and Energy, Döppersberg 19, 42103 Wuppertal, Germany [ORCID]
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Journal Name
Energies
Volume
9
Issue
11
Article Number
E970
Year
2016
Publication Date
2016-11-19
Published Version
ISSN
1996-1073
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Original Submission
Other Meta
PII: en9110970, Publication Type: Review
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LAPSE:2019.0279
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doi:10.3390/en9110970
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Feb 5, 2019
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CC BY 4.0
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[v1] (Original Submission)
Feb 5, 2019
 
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Feb 5, 2019
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Original Submitter
Calvin Tsay
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