Advanced Modeling of Renewable Energy Market Dynamics: May 2006

    Research output: NRELTechnical Report


    This report documents a year-long academic project, presenting selected techniques for analysis of market growth, penetration, and forecasting applicable to renewable energy technologies. Existing mathematical models were modified to incorporate the effects of fiscal policies and were evaluated using available data. The modifications were made based on research and classification of currentmathematical models used for predicting market penetration. An analysis of the results was carried out, based on available data. MATLAB versions of existing and new models were developed for research and policy analysis.
    Original languageAmerican English
    Number of pages124
    StatePublished - 2007

    Bibliographical note

    Work performed by Harvey Mudd College and the National Renewable Energy Laboratory

    NREL Publication Number

    • NREL/TP-640-41896


    • analysis
    • environment
    • fiscal policy
    • Harvey Mudd College
    • market dynamics
    • market penetration
    • modeling
    • NREL
    • price
    • renewable energy (RE)
    • risk
    • subsidies


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