3 ms·
LCOE is helpful but only holds up to a certain point. Latest Lazard report has levelized cost of firming included as well. Dispatchability of power is an import
by firsthummus 2mo ago
LCOE is helpful but only holds up to a certain point. Latest Lazard report has levelized cost of firming included as well. Dispatchability of power is an important part of the picture missed by LCOE for weather-dependent generation. Once grids are meaningfully composed of solar/wind, the cost of firming is significant and mostly comes from gas peaker plants these days.