Which of the following would lower the levelized cost of living lcoe for a project select all that apply a increase total production b keep Capital expenses less than a total production see increased Capital expenses decrease Capital expenses increased total production

Answer 1

To lower the levelized cost of electricity (LCOE) for a project, consider the following options:

1. Increase total production: This would lower the LCOE because the total electricity generated is higher, spreading the fixed costs over a larger amount of output.

2. Keep capital expenses less than total production: This is a positive approach, as managing capital expenses effectively in relation to production can help keep LCOE down.

3. Decrease capital expenses: Similar to the above, reducing capital costs directly impacts LCOE positively, as you have lower fixed costs to amortize over the electricity produced.

Thus, the options that would lower LCOE are:

• A) Increase total production
• B) Keep capital expenses less than total production
• D) Decrease capital expenses

Note: The option "C) Increased Capital expenses" would not help in lowering the LCOE, as higher capital costs would increase the cost to amortize over the project’s output.