Technology Collaboration Programme by IEA logo

IEA Greenhouse Gas R&D Programme

The Obituary for LCOE, “LCOE – a faithful friend amongst equals now lies here.”

Andy Boston from the Energy Research Partnership in the UK has written a great article that presses on an issue that has concerned me for some time, the use of the levelised costs of electricity (LCOE) to compare low carbon technologies. In his article "the levelised cost of fruit" see http://erpuk.org/levelised-cost-fruit/ he dismisses the use of LCOE and declares it dead as a comparator.

He argues that we need to start talking about the total system cost and the value of technologies in reducing that cost relative to a default option such as building CCGTs to meet demand. This he believes is the way forward and I totally agree with him.

×
Stay Informed

When you subscribe to the blog, we will send you an e-mail when there are new updates on the site so you wouldn't miss them.

The jet stream wobble and what it means.
Artic Warming Predicted to Have Catastrophic Conse...