Critical review of the levelised cost of energy metric

The purpose of this paper is to critically review the ‘levelised cost of energy’ metric used in electricity project development. This metric is widely used, because it is a simple metric to calculate the cost per unit of electricity for a given technology connected to the electricity network. Howeve...

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Bibliographic Details
Main Authors: Sklar-Chik, M. D., Brent, A. C., De Kock, I. H.
Format: Article
Language:English
Published: Stellenbosch University 2016-12-01
Series:South African Journal of Industrial Engineering
Subjects:
Online Access:http://sajie.journals.ac.za/pub/article/view/1496