Market Penetration of New Energy Technologies

    Research output: NRELTechnical Report


    This report examines the characteristics, advantages, disadvantages, and, for some, the mathematical formulas of forecasting methods that can be used to forecast the market penetration of renewable energy technologies. Among the methods studied are subjective estimation, market surveys, historical analogy models, cost models, diffusion models, time-series models, and econometric models. Some ofthese forecasting methods are more effective than others at different developmental stages of new technologies.
    Original languageAmerican English
    Number of pages65
    StatePublished - 1993

    NREL Publication Number

    • NREL/TP-462-4860


    • analysis
    • market forecasting
    • market penetration
    • market share
    • renewable energy markets


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