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LCOE: A Useful and Valid Indicator—Replica to James Loewen and Adam Szymanski

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  • Wilhelm Kuckshinrichs

    (Forschungszentrum Juelich, Institute of Energy and Climate Research—Systems Analysis and Technology Evaluation (IEK-STE), 52425 Juelich, Germany)

Abstract

Recently, in two publications, Loewen expressed skepticism on the validity of the levelized cost of energy (LCOE) indicator, used to compare the economics of energy technologies [...]

Suggested Citation

  • Wilhelm Kuckshinrichs, 2021. "LCOE: A Useful and Valid Indicator—Replica to James Loewen and Adam Szymanski," Energies, MDPI, vol. 14(2), pages 1-8, January.
  • Handle: RePEc:gam:jeners:v:14:y:2021:i:2:p:406-:d:479359
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    References listed on IDEAS

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    1. Lion Hirth & Falko Ueckerdt & Ottmar Edenhofer, 2014. "Why Wind Is Not Coal: On the Economics of Electricity," Working Papers 2014.39, Fondazione Eni Enrico Mattei.
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    4. Lai, Chun Sing & McCulloch, Malcolm D., 2017. "Levelized cost of electricity for solar photovoltaic and electrical energy storage," Applied Energy, Elsevier, vol. 190(C), pages 191-203.
    5. Sanghyun Sung & Wooyong Jung, 2019. "Economic Competitiveness Evaluation of the Energy Sources: Comparison between a Financial Model and Levelized Cost of Electricity Analysis," Energies, MDPI, vol. 12(21), pages 1-21, October.
    6. Gunther Glenk & Stefan Reichelstein, 2019. "Economics of converting renewable power to hydrogen," Nature Energy, Nature, vol. 4(3), pages 216-222, March.
    7. Ueckerdt, Falko & Hirth, Lion & Luderer, Gunnar & Edenhofer, Ottmar, 2013. "System LCOE: What are the costs of variable renewables?," Energy, Elsevier, vol. 63(C), pages 61-75.
    8. Severin Borenstein, 2012. "The Private and Public Economics of Renewable Electricity Generation," Journal of Economic Perspectives, American Economic Association, vol. 26(1), pages 67-92, Winter.
    9. Florian Egli & Bjarne Steffen & Tobias S. Schmidt, 2018. "A dynamic analysis of financing conditions for renewable energy technologies," Nature Energy, Nature, vol. 3(12), pages 1084-1092, December.
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    11. Tobias S. Schmidt & Bjarne Steffen & Florian Egli & Michael Pahle & Oliver Tietjen & Ottmar Edenhofer, 2019. "Adverse effects of rising interest rates on sustainable energy transitions," Nature Sustainability, Nature, vol. 2(9), pages 879-885, September.
    12. Bong Jae Lee & Jeong Il Lee & Soo Young Yun & Cheol-Soo Lim & Young-Kwon Park, 2020. "Economic Evaluation of Carbon Capture and Utilization Applying the Technology of Mineral Carbonation at Coal-Fired Power Plant," Sustainability, MDPI, vol. 12(15), pages 1-14, July.
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