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Post by David B. Benson on Aug 19, 2019 19:19:01 GMT 9.5
EIA uses two simplified metrics to show future power plants' relative economics 2018 Mar 29 U.S. Energy Information Administration www.eia.gov/todayinenergy/detail.php?id=35552Nice. Just compare the cost, LCOE, with the value of the new generators, LACE. If the cost is less, consider building. Oh yes, somehow transmission and possibly storage must be taken into account.
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Post by David B. Benson on Aug 22, 2019 21:22:30 GMT 9.5
Projecting the future lifetime cost of electricity storage technologies Oliver Schmidt Imperial College London www.storage-lab.com/levelized-cost-of-storageThis takes some study of the various uses of storage, from ancillary services to filling in for ordinary services in times of high demand. Note the very high costs associated with infrequent use.
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Post by David B. Benson on Oct 18, 2019 10:54:53 GMT 9.5
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Post by David B. Benson on Oct 22, 2019 11:00:02 GMT 9.5
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Post by engineerpoet on Oct 22, 2019 20:42:55 GMT 9.5
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Post by David B. Benson on Nov 11, 2019 18:05:05 GMT 9.5
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Post by David B. Benson on Oct 9, 2020 10:32:52 GMT 9.5
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Post by David B. Benson on Oct 20, 2020 14:06:00 GMT 9.5
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Post by David B. Benson on Nov 27, 2023 15:09:55 GMT 9.5
Levelized Costs of New Generation Resources in ‘Annual Energy Outlook 2022’ U.S. Energy Information Administration www.eia.gov/outlooks/aeo/pdf/electricity_generation.pdfAs shown on the last page, solar PV and geothermal are predicted to be the most cost effective by 2040, according to LACE and the value provided to the electricity networks in the USA. This is the comparatively newly introduced LACE, Levelized Avoided Cost of Electricity.
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