Levelised energy cost (LEC, also commonly abbreviated as LCOE) is the price at which electricity must be generated from a specific source to break even. It is an economic assessment of the cost of the energy-generating system including all the costs over its lifetime: initial investment, operations and maintenance, cost of fuel, cost of capital, and is very useful in calculating the costs of generation from different sources.
| Published | 2011 |
|---|---|
| License | CC-BY-SA-4.0 |
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| Cite as | "LCOE". Appropedia. 2011. Retrieved May 23, 2022. |