Cost of Energy Technologies

Project Partner: Bloomberg New Energy Finance

New technologies are entering the market at an increasing pace. Understanding the real cost of all energy technologies is therefore fundamentally important for the development of coherent and realistic energy policies. The question of grid parity for evolving technologies and the cost externalities requires fact based assessment.

This report examines a range of energy technologies, from well-established fossil to the latest renewable energy developments, to identify their costs using a common assessment methodology LCOE (Levelised Cost of Electricity). The study, undertaken with our project partner Bloomberg New Energy Finance, will add significantly to the debate surrounding the best technologies to deliver the global energy transformation.

“It is absolutely vital that policymakers, investors and energy industry executives have access to robust, up-to-the-minute data on the price landscape.” – Michael Liebreich, Chief Executive of Bloomberg New Energy Finance

The report will complement the World Energy Council’s strategic study on World Energy Resources.

Stefan Ulreich, Chair of Global Energy Frameworks

WP_stefan_ulreichStefan Ulreich is the Chair of the WEC’s partnership with Bloomberg New Energy Finance (BNEF).

He is also a member of the WEC’s Programme Committee and Rules of Trade Knowledge Network. He works for E.ON AG in Düsseldorf in the department of Political Affairs and Corporate Communications with a special focus on Renewable Energies. Since May 2000, he has been working in the electricity business, mainly in emissions trading – first as a trader, then in the field of energy policy. Furthermore, he researched the influence of emissions trading on the new power plant investments of the E.ON group. Dr Ulreich is Chairman of the project group “Climate Change” of the German Electricity Association and member of the EURELECTRIC working group “climate change”. Before joining the energy sector, he worked for an investment bank in Frankfurt and in London.

For further information, contact Alexander Wirp, Project Manager at WEC.

Email Alexander Wirp