A centurial history of technological change and learning curves or pulverized coal-fired utility boilers
Recent study of the history of technological change has provided better understanding of the driving forces for technological innovation, as well as quantitative estimates of historical rates of technical change. Although such results are widely used in long-term energy models to estimate future costs over time periods of up to a century, most studies of technological learning for major energy technologies are based on historical trends over time periods not longer than 20â€“30 years (often because of data limitations). Relatively few studies quantify longer-term (century-scale) trends. This study helps fill that gap by reviewing the history of pulverized-coal (PC) power plants, with a specific focus on the technological progress of PC boiler technology over the last century. Historical data for U.S. plants are used to develop long-term experience curves for the overall thermal efficiency of PC power plants, as well as the capital cost of PC boilers and non-fuel operating and maintenance (O&M) costs of PC plants. Despite a technology plateau experienced by PC power plants two decades ago, recent developments indicate that such plants will continue to improve and remain a competitive and important part of power generation technology portfolios.
|Date of creation:||01 Nov 2007|
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- Paul Joskow & Nancy L. Rose, 1985. "The Effects of Technological Change, Experience, and Environmental Regulation on the Construction Cost of Coal-Burning Generating Units," RAND Journal of Economics, The RAND Corporation, vol. 16(1), pages 1-17, Spring.
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- Neij, Lena, 1997. "Use of experience curves to analyse the prospects for diffusion and adoption of renewable energy technology," Energy Policy, Elsevier, vol. 25(13), pages 1099-1107, November.
- Gavin Sinclair & Steven Klepper & Wesley Cohen, 2000. "What's Experience Got to Do With It? Sources of Cost Reduction in a Large Specialty Chemicals Producer," Management Science, INFORMS, vol. 46(1), pages 28-45, January.
- McCabe, Mark J, 1996. "Principals, Agents, and the Learning Curve: The Case of Steam-Electric Power Plant Design and Construction," Journal of Industrial Economics, Wiley Blackwell, vol. 44(4), pages 357-375, December.
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