Open Access
Table 11
Cost improvement and installation growth rates for wind, solar PV and battery storage.
Technology | Global cost improvement rate (% per year) | Moderate installation growth rate (% per year) | Rapid installation growth rate (% per year) |
---|---|---|---|
Wind | 3 | 10 | 22 |
Solar PV | 9 | 10 | 29 |
Batteries | 8 | 10 | 33 |
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