Ask a New Question
Menu

Which of the following would lower the levelized cost of energy (LCOE) for a project? Select all that apply.(1 point)

Responses

keep capital expenses less than total production
keep capital expenses less than total production

decrease capital expenses
decrease capital expenses

decrease total production
decrease total production

increase total production
increase total production

increase capital expenses

1 answer

To lower the levelized cost of energy (LCOE) for a project, you would want to focus on strategies that either decrease costs or increase production. Therefore, the correct responses are:

  • Decrease capital expenses
  • Increase total production

Keeping capital expenses less than total production is not a relevant factor for LCOE calculations, while decreasing total production or increasing capital expenses would typically raise the LCOE.