Cover of publication Climate Change 24/2018 Bringing climate policy up to date – decreasing cost projections for renewable energy and batteries and their implications
Climate | Energy

Bringing climate policy up to date – decreasing cost projections for renewable energy and batteries and their implications

Discussion paper


A range of studies on nationally determined contributions (NDC) of parties to the Paris Agreement disclose, that temperature objectives of the Paris Agreement are not in reach if current NDCs are implemented. A new study, commissioned by German Environment Agency, compares pre2015 and latest levelized cost projections and shows, that certain key mitigation technologies, i.e. power generation from renewables and lithium batteries, will become substantially cheaper by 2025/2030 since the preparation of NDCs. Thus, parties to the Paris Agreement are now in the position to review and strengthen their NDCs by 2020 during the Talanoa Dialog.

Series
Climate Change | 24/2018
Number of pages
28
Year of publication
Author(s)
Jakob Wachsmuth, Vasilios Anatolitis, Andrzej Ancygier, Robert Brecha
Language
Englisch
Project No. (FKZ)
3717 41 102 0
Publisher
Umweltbundesamt
File size
1565 KB
Price
0,00 €
Print version
not available
rated as helpful
85