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Renewable electricity generation in India—A learning rate analysis

  • Partridge, Ian
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    The cost of electricity generation using renewable technologies is widely assumed to be higher than the cost for conventional generation technologies, but likely to fall with growing experience of the technologies concerned. This paper tests the second part of that statement using learning rate analysis, based on large samples of wind and small hydro projects in India, and projects likely changes in these costs through 2020. It is the first study of learning rates for renewable generation technologies in India, and only the second in any developing country—it provides valuable input to the development of Indian energy policy and will be relevant to policy makers in other developing countries.

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    Article provided by Elsevier in its journal Energy Policy.

    Volume (Year): 60 (2013)
    Issue (Month): C ()
    Pages: 906-915

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    Handle: RePEc:eee:enepol:v:60:y:2013:i:c:p:906-915
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    1. Alberth, Stephan & Hope, Chris, 2007. "Climate modelling with endogenous technical change: Stochastic learning and optimal greenhouse gas abatement in the PAGE2002 model," Energy Policy, Elsevier, vol. 35(3), pages 1795-1807, March.
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    3. Cropper, Maureen & Gamkhar, Shama & Malik, Kabir & Limonov, Alex & Partridge, Ian, 2013. "The Health Effects of Coal Electricity Generation in India," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 150290, Agricultural and Applied Economics Association.
    4. Donovan, Charles & Nuñez, Laura, 2012. "Figuring what’s fair: The cost of equity capital for renewable energy in emerging markets," Energy Policy, Elsevier, vol. 40(C), pages 49-58.
    5. William D. Nordhaus, 2009. "The Perils of the Learning Model For Modeling Endogenous Technological Change," Cowles Foundation Discussion Papers 1685, Cowles Foundation for Research in Economics, Yale University.
    6. Lindman, Åsa & Söderholm, Patrik, 2012. "Wind power learning rates: A conceptual review and meta-analysis," Energy Economics, Elsevier, vol. 34(3), pages 754-761.
    7. Qiu, Yueming & Anadon, Laura D., 2012. "The price of wind power in China during its expansion: Technology adoption, learning-by-doing, economies of scale, and manufacturing localization," Energy Economics, Elsevier, vol. 34(3), pages 772-785.
    8. Paul L. Joskow, 2011. "Comparing the Costs of Intermittent and Dispatchable Electricity Generating Technologies," American Economic Review, American Economic Association, vol. 101(3), pages 238-41, May.
    9. Söderholm, Patrik & Sundqvist, Thomas, 2007. "Empirical challenges in the use of learning curves for assessing the economic prospects of renewable energy technologies," Renewable Energy, Elsevier, vol. 32(15), pages 2559-2578.
    10. Junginger, M. & Faaij, A. & Turkenburg, W. C., 2005. "Global experience curves for wind farms," Energy Policy, Elsevier, vol. 33(2), pages 133-150, January.
    11. Nemet, Gregory F., 2009. "Interim monitoring of cost dynamics for publicly supported energy technologies," Energy Policy, Elsevier, vol. 37(3), pages 825-835, March.
    12. Ibenholt, Karin, 2002. "Explaining learning curves for wind power," Energy Policy, Elsevier, vol. 30(13), pages 1181-1189, October.
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