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Levelized Costs of Electricity
GlossaryAbbreviation
LCOE
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GlossaryAbiguities
Levelized energy costs
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Electricity production costs
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Levelized costs of energy
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Minimum cost of electricit
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GlossaryDefinition
1. The levelized cost of electricity (LCOE
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1. The levelized cost of electricity (LCOE) is a measure of a power source which attempts to compare different methods of electricity generation on a consistent basis. It is an economic assessment of the average total cost to build and operate a power-generating asset over its lifetime divided by the total energy output of the asset over that lifetime.
gy output of the asset over that lifetime.
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2. The concept of levelized cost of electricity is used to compare the cost of energy coming from different sources.
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LCOE = Total cost of ownership ($) / System production over its lifetime (kWh)
GlossarySources
https://en.wikipedia.org/wiki/Cost_of_electricity_by_source (1.); http://thegrid.rexel.com/en-us/energy_efficiency/w/solar_renewable_and_energy_efficiency/92/the-levelized-cost-of-electricity-definition-and-example (2.)
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GlossarySubtermOf
Cost of electricity
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Lifetime costs
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Electricity pricing
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Has query
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Levelized Costs of Electricity
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Creation date
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3 November 2017 13:44:11
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Categories
Glossary
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Last editor is
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User:Lilly Schoen
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Modification date
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3 November 2017 13:44:11
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Is a new page
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true
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