Real Levelized Cost of Energy with Indirect Costs and Market Value of Variable Renewables: A Study of the Korean Power Market

A levelized cost of energy (<i>LCOE</i>) is a methodology for comparing power generation costs in the transition to renewable energy (<i>RE</i>). However, the major limitation of evaluating <i>RE</i> based on the <i>LCOE</i> is that it does not conside...

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Bibliographic Details
Main Authors: Sung-Hyun Hwang, Mun-Kyeom Kim, Ho-Sung Ryu
Format: Article
Language:English
Published: MDPI AG 2019-06-01
Series:Energies
Subjects:
Online Access:https://www.mdpi.com/1996-1073/12/13/2459