Responses
It is the maximum price per kWh at which electricity must be sold in order to break even over the lifetime of a power-generating project.
It is the maximum price per kWh at which electricity must be sold in order to break even over the lifetime of a power-generating project.
It is the minimum price per kWh at which electricity must be sold in order to break even over the lifetime of a power-generating project.
It is the minimum price per kWh at which electricity must be sold in order to break even over the lifetime of a power-generating project.
It is the maximum amount of power that can be produced per dollar over the lifetime of a power-generating project.
It is the maximum amount of power that can be produced per dollar over the lifetime of a power-generating project.
It is the minimum amount of power that can be produced per dollar over the lifetime of a power-generating project.
1 answer
The correct characteristic of the levelized cost of energy (LCOE) is:
It is the minimum price per kWh at which electricity must be sold in order to break even over the lifetime of a power-generating project.
LCOE is a way to compare the cost-effectiveness of different power generation technologies by expressing the total lifetime costs divided by the total energy generated over the project's life. It represents the minimum price that would need to be charged to cover all costs and break even.
