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Technological learning is a key driver behind the improvement of
energy technologies and subsequent reduction of production costs.
Understanding how and why production costs for energy technologies
decline, and whether they will continue to do so in the future, is
of crucial importance for policy makers, industrial stakeholders
and scientists alike. This timely and informative book therefore
provides a comprehensive review of technological development and
cost reductions for renewable energy, clean fossil fuel and
energy-efficient demand-side technologies. It responds to the need
for a quality-controlled data set of experience curves, including
assessment of measurement methodology, technological knowledge and
associated cost. The expert contributors present a thorough
overview and discussion of the pitfalls of applying the experience
curve approach, including aspects such as geographical system
boundaries, whether the slope of the experience curves is constant
or not, statistical error and sensitivity analysis of experience
curves, and whether the experience curve approach can be utilized
to quantify improvements in energy efficiency. A clear set of
recommendations for the use of the experience curve approach is
also prescribed.Providing a significant contribution to the current
literature on energy and climate models, scenario analysis, and
methodological lessons on experience curves, this book will
strongly appeal to academics and students in the areas focusing on
energy and public sector economics. Policy makers in these fields
will also find the book to be of great interest.
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