| Units: | $/MWh |
| Mode: | Output Only |
| Multi-band: | False |
| Default Value: | |
| Validation Rule: | |
| Key Property: | No |
| Description: | Levelized cost of electricity |
Generator Levelized Cost is is a measure of the average net present cost of electricity generation for a facility over its lifetime. It is used for investment planning and to compare different methods of electricity generation on a consistent basis. The LCE "represents the average revenue per unit of electricity generated that would be required to recover the costs of building and operating a generating plant during an assumed financial life and duty cycle", and is calculated as the ratio between all the discounted costs over the lifetime of an electricity generating plant divided by a discounted sum of the actual energy amounts delivered
The value reported here is It is calculated as:
Levelized Cost = Total Cost / Generation
The Total Cost is the raw value without discounting, thus to compute the true LCE you should apply discounting.
See also: