Are renewable energy technologies (RET) really less competitive than non-RET? Given the recent uptake of RET, is there still a business case for non-RET? The RE-COST study provides tools and insights to policy makers and other actors in the electricity sector to enable them to better assess the impact of policies and regulations on the attractiveness of investments in a variety of sources of electricity generation.
It compares different electricity generation technologies – both RET and non-RET – using fresh data from new and projected generation plants in a number of developed countries, providing recommendations to key actors in the energy sector, and to dispel misperceptions about costs and business cases of RE vs. non-RET.
- Focus on seven countries: Canada (Alberta, Ontario, Québec), France, Germany, Japan, Norway, Swe-den and Spain.
- Technologies analysed: On-shore and off-shore wind, large solar PV, hydro, gas and coal
- Custom-built simulation model, designed to test the influence of a number of factors in the business case of RET and non-RET generation.
- Data from more than 120 new plants, 90 interviews and 1200 simulation runs