Future Technology Improvements for Renewable Technologies- Solar PV

The Department for Business, Energy and Industrial Strategy (BEIS) has identified the need for improved long-term risk management of the load factor (LF) assumptions. The project will facilitate better understanding of technology learning rates in selected renewable technologies and hence allow better prediction the long-term cost reduction potential in the renewable sector. Specific outcomes will be improved predictions for load factors beyond 2020, which will enable identification of potential implications to policy. In particular, it has been noted that as the cost of renewable technology decreases there could be a tendency for over-planting the amount of renewables for a given grid conn…