2021
DOI: 10.1016/j.rser.2020.110488
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Impacts of innovation on renewable energy technology cost reductions

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Cited by 86 publications
(43 citation statements)
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“…Because the efforts introduced to ensure energy efficiency are essential, there is a need to measure how the introduced measures are making a difference in pushing down energy demands and ensuring environmental efficiency. Although the cost of installing renewable energy has fallen dramatically over the last couple of years [80], the quest to a net-zero is likely to hamper efforts towards carbon neutrality and address the climate emergency, which is also threatening tourism destinations such as the Okavango Delta and the Victoria Falls, amongst others.…”
Section: Discussionmentioning
confidence: 99%
“…Because the efforts introduced to ensure energy efficiency are essential, there is a need to measure how the introduced measures are making a difference in pushing down energy demands and ensuring environmental efficiency. Although the cost of installing renewable energy has fallen dramatically over the last couple of years [80], the quest to a net-zero is likely to hamper efforts towards carbon neutrality and address the climate emergency, which is also threatening tourism destinations such as the Okavango Delta and the Victoria Falls, amongst others.…”
Section: Discussionmentioning
confidence: 99%
“…Abbreviations of these are shared in Table 3. The variable equals 1 if the most relevant technological index for a technology of alternative energy production is included and 0 otherwise DHB 14 The variable equals 1 if numbers of the technological index are included and 0 otherwise Note: 1 BF: bio-fuels; 2 GC: integrated gasification combined cycle; 3 FC: fuel cells; 4 GB: pyrolysis or gasification of bio-mass; 5 HE: harnessing energy from manmade waste; 6 HD: hydro energy; 7 OT: ocean thermal energy conversion; 8 WE: wind energy; 9 SE: solar energy; 10 GE: geothermal energy; 11 OP: other production or use of heat not derived from combustion; 12 WH: using waste heat; 13 DP: devices for producing mechanical power from muscle energy; 14 HB: devices for producing mechanical power from muscle energy.…”
Section: Methodology Modelmentioning
confidence: 99%
“…To overcome these barriers, various innovators, including individuals, universities, industries, and governments, have undertaken projects to develop alternative energy [5]. In fact, production costs have steadily decreased as a result of recent developments in alternative energy technologies [6][7][8][9]. However, there have been simultaneous technological developments related to fossil fuels in an effort to maintain competition in the future energy market [10][11][12][13].…”
Section: Introductionmentioning
confidence: 99%
“…Due to technological innovations, the costs of renewables and energy storage technologies have been significantly reduced [10,11]. This greatly enhances the practical feasibility of microgrid solutions.…”
Section: Introductionmentioning
confidence: 99%