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Open AccessArticle

Assessment of Renewable Energy Deployment Roadmaps

Department of Economics and Business, King J. Carlos I University, 28032 Madrid, Spain
Energies 2019, 12(15), 2875; https://doi.org/10.3390/en12152875
Received: 17 June 2019 / Revised: 11 July 2019 / Accepted: 18 July 2019 / Published: 26 July 2019
(This article belongs to the Special Issue Climate Changes and Energy Markets)
This research implements a methodology to the joint assessment of the photovoltaic and onshore wind investment roadmaps put forward by the main institutions in the field, International Renewable Energy Association (Irena) and the International Energy Agency, to achieve a low carbon emissions economy with near zero net greenhouse gases emissions. The two energies taken together account for over 80% of the renewable energy deployments envisaged by both roadmaps. The assessment is conducted according to economic criteria (the levelized cost of energy, capital requirements and financial risks), and environmental (carbon avoided, its value, and its cost). Given the recent Intergovernmental Panel on Climate Change (IPCC) report on the urgency to tackle climate change, accelerated deployments of the roadmaps are assessed as well. Overall, it is found that the roadmaps are financially sound, even under an accelerated scenario. Possible limits to the deployment of renewable energies roadmaps derived from the availability of raw materials and other constraints are also discussed, showing likely constraints for lithium batteries but not for photovoltaic and wind energies. View Full-Text
Keywords: accelerated deployment paths; IEA; Irena; IPCC report 2018; photovoltaic and wind energies; renewable energies limits accelerated deployment paths; IEA; Irena; IPCC report 2018; photovoltaic and wind energies; renewable energies limits
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Mauleón, I. Assessment of Renewable Energy Deployment Roadmaps. Energies 2019, 12, 2875.

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