Decreasing costs of renewables: Analysis of energy sector planning and climate policy in Argentina

Recent analyses developed by Fraunhofer ISI and NewClimate Institute show that faster and steeper than expected cost reductions for certain key mitigation technologies over the past five years can lead to an increased technology uptake and to a higher level of climate ambition, if the initially intended investment sum is maintained. The here presented technical assessment builds on the previously developed methodology to estimate the potential impact of investment cost reductions for renewable energy technologies (solar photovoltaics (PV) and onshore wind) on Argentina’s climate targets in the NDC.