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Renewable Energy Technology Cost Review

Executive Summary - Renewable Energy Technology Cost Review

This paper has undertaken a review of current and future costs of three forms of renewable energy technology, comparing data from a range of international and Australian-specific studies, taking care to compare data on the same basis of financial assumptions (discount rates) and resource quality. The purpose was to compare both the current costs, along with the rate of decrease, and the reason for differences between the studies. The Australian-specific datasets are the ‘Australian Energy Generation Technology Costs’ report by EPRI, and the 2010 dataset used by the Australian Energy Market Operator (AEMO), largely based on the EPRI data with a review from ACIL Tasman.

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