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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.
For Solar Photovoltaics See also
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CC-BY-SA-3.0 |
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English (en) |
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| Aliases |
Lcoe, Levelized cost of electricity |
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| Impact |
1,244 page views |
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| Created |
October 19, 2011 by Joshua M. Pearce |
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| Modified |
June 6, 2022 by Irene Delgado |
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| Cite as |
"LCOE". Appropedia. 2011–2022. Retrieved April 19, 2024. |
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