Renewable electricity generation in India—A learning rate analysis

摘要: Abstract The cost of electricity generation using renewable technologies is widely assumed to be higher than the for conventional technologies, but likely fall with growing experience concerned. This paper tests second part that statement learning rate analysis, based on large samples wind and small hydro projects in India, changes these costs through 2020. It first study rates only any developing country—it provides valuable input development Indian energy policy will relevant makers other countries. considers some potential problems analysis raised by Nordhaus (2009. Perils Learning Model Modeling Endogenous Technological Change. National Bureau Economic Research Working Paper Series No. 14638). By taking account issues, it possible both improve models used making projections examine impact remaining forecasting problems.