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 Future renewable energy costs: solar photovoltaics report examines how technology innovation is anticipated to reduce the cost of energy from European solar photovoltaics installations over the next 15 years.