Future renewable energy costs solar photovoltaics

May 1, 2018

KIC InnoEnergy is developing credible future technology cost models for four renewable energy generation technologies using a consistent and robust methodology. The purpose of these cost models is to enable the impact of innovations on the levelised cost of energy (LCOE) to be explored and tracked in a consistent way across the four technologies. While the priority is to help focus on key innovations, credibility comes with a realistic overall LCOE trajectory. This report examines how technology innovation is anticipated to reduce the cost of energy from European photovoltaic installations over the next 15 years.

Spotlight

redT energy plc

redT energy plc are experts in energy storage, specialising in the design, manufacture, installation and operation of energy storage systems which create revenue alongside reliable, low-cost renewable generation for businesses, industry and electricity distribution networks. Using patented vanadium redox flow technology to store energy in liquid, redT's own energy storage machines can be run continually with no degradation: charging and discharging for over 25 years, matching the lifespan of renewable assets in on-grid, off-grid and weak-grid settings.

OTHER WHITEPAPERS
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Utilising the full potential of Italy's renewable energy future

whitePaper | November 20, 2019

In the National Energy and Climate Plan, NECP, Italy sets forward its roadmap how to meet the energy and climate targets set by the EU. Achieving these targets requires actions of all sectors in the society, increasing renewable energy in transport, heating, electricity etc. These targets include among others having 32% of final energy consumption of renewable origin and reducing CO2 emissions by 40% compared to 1990 levels by 2030.

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The Energy Crisis

whitePaper | July 12, 2022

As we experience an energy crisis that is fueling inflation with severe impact on households and businesses all over Europe and forcing factories to curtail their production or even to shut down, citizens are asked to reduce their energy consumption while governments scramble to secure alternative fuel sources. These, however, are only short-term measures, and there is no doubt that this winter will prove taxing for many.

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Leveraging advanced polyurethane resins and coatings to develop high-performance wind turbine blades

whitePaper | April 1, 2022

Covestro has applied its industrial expertise in high-tech polymer materials to develop innovative polyurethane (PU) solutions for wind turbine applications that offer performance benefits and lower blade costs. To evaluate the impact of our PU solutions for rotor blade applications, Covestro commissioned bewind GmbH, a specialist wind engineering consultancy company, to simulate the costs and benefits of these solutions in terms of production, operational performance, and turbine lifetime.

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Grid Modernization Transmission Grids – the bedrock of the energy transition

whitePaper | June 22, 2022

Siemens Energy is fully committed to supporting the Paris Agreement and the UN Sustainable Development Goals. For more than 150 years we have been working on the transformation of the energy world. Our ambition as Siemens Energy is to achieve climate neutrality in our own operations by 2030 and to cover 100% of our own electricity consumption from renewable sources by 2023.

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Getting airborne – the need to realize the benefits of airborne wind energy for net zero

whitePaper | September 20, 2022

Airborne wind energy (AWE) is wind 2.0 – a game-changing solution accessing the large untapped wind resource potential at heights above those accessed by established wind technology. It enables more energy to be extracted at lower carbon intensity and eventually at lower cost. Europe and other areas in the world need to access all viable natural resources they can, and AWE, alongside established wind technology, should be considered as one of the key solutions to our energy decarbonisation challenge.

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Integrated energy production

whitePaper | November 14, 2022

This white paper aims to highlight the changes in the global energy industry. These are immense, but have the advantage that in addition to the challenges and adjustments in the previous model, they can also bring great opportunities for the future. Opportunities for business models that can be newly built or integrated into the existing one. We want to provide food for thought, especially for sectors such as national and municipal energy supply companies, but also planning offices, which can seize opportunities for the future here.

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Spotlight

redT energy plc

redT energy plc are experts in energy storage, specialising in the design, manufacture, installation and operation of energy storage systems which create revenue alongside reliable, low-cost renewable generation for businesses, industry and electricity distribution networks. Using patented vanadium redox flow technology to store energy in liquid, redT's own energy storage machines can be run continually with no degradation: charging and discharging for over 25 years, matching the lifespan of renewable assets in on-grid, off-grid and weak-grid settings.

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