Why we must move beyond LCOE for renewable energy design
The inherent intermittency of wind and solar energy challenges the relevance of Levelized Cost of Energy (LCOE) for their future design since LCOE neglects the time-varying price of electricity. The Cost of Valued Energy (COVE) is an improved valuation metric that takes into account time-dependent e...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2022-12-01
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| Series: | Advances in Applied Energy |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2666792422000300 |