Arbeitspapier
Explaining experience curves for LNG liquefaction costs: Competition matter more than learning
In this paper we seek to identify different driving forces behind the fall in LNG liquefaction unit costs. Our focus is on organizational learning including process specific R&D, but we also seek to account for autonomous technological change, scale effects and the effects of upstream competition among liquefaction technology suppliers. To our surprise we find that upstream competition is by far the most important factor. This may have implications for the future development in costs as the effect of increased upstream competition is temporary and likely to weaken a lot sooner than effects from learning and technological change. On the other hand, the increased competition could also spur more innovation, and induce a new drop in future unit costs.
- Sprache
-
Englisch
- Erschienen in
-
Series: Discussion Papers ; No. 393
- Klassifikation
-
Wirtschaft
Innovation and Invention: Processes and Incentives
Energy: Demand and Supply; Prices
Environmental Economics: Technological Innovation
- Thema
-
Learning curves
Mark-up pricing
LNG costs
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Greaker, Mads
Sagen, Eirik Lund
- Ereignis
-
Veröffentlichung
- (wer)
-
Statistics Norway, Research Department
- (wo)
-
Oslo
- (wann)
-
2004
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Greaker, Mads
- Sagen, Eirik Lund
- Statistics Norway, Research Department
Entstanden
- 2004
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