2 ms·
How would this type of sales pitch work with nuclear? Person A: I'd like to buy power from you. Person B: Certainly. That will be $50/MwH. Accurate, but misle
by merpnderp 7y ago
How would this type of sales pitch work with nuclear?
Person A: I'd like to buy power from you.
Person B: Certainly. That will be $50/MwH.
Accurate, but misleading.
- sp332 7y agoYeah those are different things. Levelized Cost of Energy (LCoE) tells you if your prices are competitive (i.e. if anyone will buy from you). Capital costs tells you if you can afford to build the plant in the first place. You probably can't get investors to cover the capital costs if you can't convince them that you can make a decent profit on a low LCoE, so of the two, LCoE is actually more important in determining whether a plant will be built and if people will use it. Edit: I don't know what the equivalent of LCoE is for a power-storage facility, but hopefully you get the idea.