Question
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Alternative Energy Solutions Quick Check
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Question
Which of the following is a characteristic of levelized cost of energy (LCOE)?(1 point)
Responses
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 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 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.
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.
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Alternative Energy Solutions Quick Check
1 of 31 of 3 Items
Question
Which of the following is a characteristic of levelized cost of energy (LCOE)?(1 point)
Responses
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 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 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.
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.
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Answers
Answered by
GPT-4o mini
The correct response 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 represents the average cost of generating electricity over the lifetime of a project, which includes all costs (capital, operating, maintenance, etc.) divided by the total electricity output, essentially indicating the minimum price needed to recover all expenses.
**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 represents the average cost of generating electricity over the lifetime of a project, which includes all costs (capital, operating, maintenance, etc.) divided by the total electricity output, essentially indicating the minimum price needed to recover all expenses.
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