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Policy Department Renewable Technologies

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Policy Department Renewable Technologies ( policy-department-renewable-technologies )

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Policy Department A: Economic and Scientific Policy ____________________________________________________________________________________________ 2. Status quo in Energy Industry and Energy Markets and Barriers for Further Development and Deployment 2.1. Status, markets and industry structures This subchapter analyses and describes the status of the selected technologies in the renewable energy markets. Against the background of basic technology strains, focus is put on novel generation technologies and trends in this field, including analyses of their market perspectives. 2.1.1. General There are some basics on innovation and market developments that are important to keep in mind before looking at individual technologies and markets, respectively. The first basic is product life cycle thinking as e.g. conceptualised by [Levitt 1965], see Figure 13. Figure 13: The typical product life cycle according to Levitt (1965) The curve may hold true for individual energy technologies, i.e. thin-film PV consisting of tellurium compound at a certain point in time when resource availability becomes a critical issue despite recycling efforts. Truly sustainable technologies will decline to a saturation level below the maturity level (saturation). Another basic is the involvement of established market players. Whether it is established actors or new ones that brought certain technologies forward, once established actors finance technology deployment (here: project-based financing), this is a strong indicator that the market has entered the growth stage or is even beyond this (see Figure 13). Market deployment Figure 14 gives an indicative overview over the current state-of-market of the various renewable energy technologies. IP/A/ITRE/ST/2009-11 & 12 36 PE 440.278

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