Abstract
The experience curve is a tool that has a long history and has been broadly applied to a large selection of technologies over almost a century. Building on knowledge of learning processes, such as learning-by-doing, learning-by-searching, and upscaling, it represents technological progress and the resulting decline in technology cost in a simple mathematical form. In this chapter, we discuss the history and origins of the experience curve concept and deliberate on data collection and estimation of experience-curve parameters. Subsequently, we show some main applications of experience curves and discuss key issues that are linked to experience curves.
Original language | English |
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Title of host publication | Technological Learning in the Transition to a Low-Carbon Energy System |
Editors | Martin Junginger, Atse Louwen |
Publisher | Academic Press |
Chapter | 2 |
Pages | 9-31 |
Number of pages | 23 |
ISBN (Print) | 978-0-12-818762-3 |
DOIs | |
Publication status | Published - 2019 |
Keywords
- Technological learning
- experience curve
- learning curve
- learning-by-doing
- learning-by-searching
- one-factor experience curve
- two-factor experience curve
- multifactor experience curve