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

Discussion paper within the project "Implikationen des Pariser Klimaschutzabkommens auf nationale Klimaschutzanstrengungen". Project No. (FKZ) 3717 41 102 0
 
: Wachsmuth, Jakob; Anatolitis, Vasilios; Ancygier, Andrzej; Brecha, Robert

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Fulltext (PDF; )

Dessau-Roßlau: UBA, 2018, 26 pp.
Climate change, 24/2018
Bundesministerium für Umwelt, Naturschutz und nukleare Sicherheit BMU
3717 41 102 0
Implikationen des Pariser Klimaabkommens auf nationale Klimaschutzanstrengungen
English
Report, Electronic Publication
Fraunhofer ISI ()
NDC; Paris agreement; climate change mitigation; CO2-mitigation cost; renewable energy; battery; climate policy

Abstract
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.

: http://publica.fraunhofer.de/documents/N-525534.html