Economic analysis of the impact of electricity regulation
– This report provides summarized information on the objective, models and methods, validation process and results of the exhaustive research work Economic analysis of the impact of electricity regulation. The potential of the econometric tool developed in the study for regulatory analysis is also discussed.
Energy regulation undeniably has a significant impact on prices, income transfers and economic growth. Unfortunately, these effects have not been studied in depth using economic analysis.
The objective of this study is to develop and implement three econometric models in order to identify the impact of electricity regulations (1) on the retail price of electricity; (2) on income transfers between producers and consumers; and (3) on economic growth. In this context, the aim of these models is to assess the impact of the regulation of the electricity sector and the changes introduced in this regulation on the economy throughout the period under consideration.” Download the report as .pdf
Offshore Wind Report
– This report is an update of a previous report published by InnoEnergy in June 2014 and uses the same input data. The analysis has been expanded, extended and updated, including via fresh engagement with industry. The purpose of this report is to document the cost of energy for offshore wind projects reaching financial investment decision (FID) up to 2030, by modelling the impact of a range of technical innovations and other effects including financing and supply chain impacts. More than 50 technology innovations were identified as having the potential to cause a substantial reduction in LCOE through a change in the design of hardware, software or process. In this report, InnoEnergy extends the temporal horizon of the previous offshore wind study to 2030 and increases the turbine capacity to 10MW to look at longer-term trends in the innovation pathways. All these analyses contribute to the InnoEnergy DELPHOS online cost of energy tool (http://www.innoenergy.com/delphos/
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Onshore Wind Report
This second report in the series examines how technology innovation is anticipated to reduce the cost of energy from European onshore wind farms over the next 12-15 years. For this report, input data is based partly on Future renewable energy costs: offshore wind
, published in June 2014. For this report, the many offshore-specific innovations have been replaced by a series of onshore-specific innovations, and the impact of those relevant to both markets have been revised to ensure its applicability to the European onshore wind market. Fresh industry engagement supported this process.Download the report as .pdf
Solar-Thermal Electricity Report
This third report examines how technology innovation is anticipated to reduce the Levelised Cost of Energy from European solar-thermal electricity (STE) plants over the next 12 to 15 years. For this STE report, input data is closely based on the InnoEnergy technology strategy and roadmap work stream published in October 2014. The output of that work was an exhaustive and comprehensive set of discrete innovations and groups of innovations together with their potential impact on known reference plants, built on expert vision and knowledge. Download the report as .pdf
Solar-Photovoltaic Report This fourth report examines how technology innovation is anticipated to reduce the Levelised Cost of Energy from European photovoltaic installations over the next 12 to 15 years. For this report, input data is closely based on the InnoEnergy technology strategy and roadmap work stream published in October 2014. The output of that work was an exhaustive and comprehensive set of discrete innovations and groups of innovations together with their potential impact on known reference plants, built on expert vision and knowledge.
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The purpose of “Future Energy Costs: Coal and Gas Technologies
” report is to document the anticipated future cost of energy from two Technology Types – coal plants with upgrades and new gas combined heat and power (CHP) plants – reaching their financial investment decisions (FIDs) in 2020 and 2025, by reference to robust modelling of the impact of a range of technical innovations and Other Effects on baseline cases at the start of 2016. This work is based on methodologies established for InnoEnergy by BVG Associates (BVGA) over four previous projects covering onshore and offshore wind, solar photovoltaic and solar thermal energy generation. The focus is on the EU market and the report also outlines major energy policy trends in the EU. Download the report as .pdf