Levelised cost of electricity | Wikipedia audio article
Channel: wikipedia tts
Date: 2019-06-29

This is an audio version of the Wikipedia Article:
https://en.wikipedia.org/wiki/Cost_of_electricity_by_source


00:00:59 1 Cost factors
00:02:16 1.1 Capital costs
00:03:15 1.2 Levelized cost of electricity
00:09:05 1.3 Avoided cost
00:09:49 1.4 Marginal cost of electricity
00:10:14 1.5 External costs of energy sources
00:14:53 1.6 Additional cost factors
00:16:57 2 Current global studies
00:17:07 2.1 Lazard (2018)
00:18:20 2.2 Bloomberg (2018)
00:19:15 2.3 IRENA (2018)
00:19:45 2.4 Banks (2018)
00:20:29 3 Regional and historical studies
00:20:39 3.1 Australia
00:22:56 3.2 France
00:24:09 3.3 Germany
00:25:03 3.4 Japan
00:25:44 3.5 United Kingdom
00:27:14 3.6 United States
00:27:22 3.6.1 Energy Information Administration
00:30:00 3.6.2 NREL OpenEI (2015)
00:30:33 3.6.3 California Energy Commission (2014)
00:30:37 3.6.4 Lazard (2015)
00:30:47 3.6.5 Lazard (2016)
00:31:09 3.6.6 Lazard (2017)
00:33:22 3.7 Global
00:33:40 3.7.1 IEA and NEA (2015)
00:34:19 3.8 Other studies and analysis
00:34:27 3.8.1 Buffett Contract (2015)
00:34:46 3.8.2 Sheikh Mohammed Bin Rashid solar farm (2016)
00:34:55 3.8.3 Brookings Institution (2014)
00:35:25 3.8.4 Brazilian electricity mix: the Renewable and Non-renewable Exergetic Cost (2014)
00:35:50 4 Renewables
00:36:26 4.1 Photovoltaics
00:38:09 4.2 Solar thermal
00:38:18 4.3 Wind power
00:43:09 5 See also
00:44:15 6 Further reading
00:47:56 7 References
00:48:05 Further reading



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SUMMARY
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The distinct ways of electricity generation can incur significantly different costs. Calculations of these costs can be made at the point of connection to a load or to the electricity grid. The cost is typically given per kilowatt-hour or megawatt-hour. It includes the initial capital, discount rate, as well as the costs of continuous operation, fuel, and maintenance. This type of calculation assists policymakers, researchers and others to guide discussions and decision making.
The levelized cost of energy (LCOE) is a measure of a power source that allows comparison of 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. The LCOE can also be regarded as the average minimum price at which electricity must be sold in order to break-even over the lifetime of the project.