You’re describing energy market price (LBMP) dynamics. LCOE isn’t a price, it’s an cost estimate for the lifetime of an “power plant”. LCOE is an input to deci

You’re describing energy market price (LBMP) dynamics. LCOE isn’t a price, it’s an cost estimate for the lifetime of an “power plant”. LCOE is an input to deciding whether to build a new power plant in a market. The market’s LBMP is another input. Super simplified, if the market’s average LBMP is lower than LCOE for the plant, the plant shouldn’t be built…