REN21 Renewable Energy Policy Network

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REN21 Renewable Energy Policy Network ( ren21-renewable-energy-policy-network )

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For cost analyses it is even more complicated to make a consistent overview. In this study we have often relied on own expert judgements to estimate the cost distribu- tion due to lack of quantitative data. The cost data should therefore be considered as a first rough indication. In particular the estimates for the lowest costs are uncer- tain. 4.4 Conclusions This study presents a literature and expert assessment on the future global and re- gional technical potential of renewable energy. It turned out that for various sources only limited sources are available and for most global cost distribution is not avail- able. Several additional assumptions were required. When comparing the renewable electricity sources on a global scale, it can be seen that renewable energy sources can provide several times the current energy supply. Solar power (CSP and PV) is by far the largest renewable energy sources, followed by wind and ocean energy. For solar power North Africa is by far the most interest- ing region. In North America wind has the largest potential. In Europe there is not one source by far the most interesting. However it has low cost potential by means of hydropower, wind onshore and offshore. Most other regions have a dominated potential from solar power. 41

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