Levelized Cost of Electricity Models: The Good, The Bad and the Potential for Bias
LCOE — levelized cost of electricity — is an unstandardized model used by governments, companies, consultants and others to make an economic assessment of the cost of generating electricity from a specific source. LCOE models are often filled with assumptions (what people believe) instead of field data and even when field data is used, the forecasts generated are based on assumptions (beliefs) that typically skew towards the amorphous phrase: grid parity.
The U.S. expects to earn $5 billion to $6 billion from a federal loan program, bolstering President Barack Obama’s decision to back low-carbon technologies.
China, the world’s biggest solar market for two years running, is pushing to install more panels at factories, schools and even greenhouses as it seeks to meet its goals under a historic climate agreement with the U.S.
In many parts of the northern hemisphere, the leaves are falling, temperatures are dropping, and winter is just around the corner. Many people pay attention to the turning of the seasons because it means they need a new coat — but for those who utilize solar and wind energy, it’s even more important to understand how this change affects PV and wind energy systems.
The world’s decision-makers must not let current events distract them from recognizing and addressing the longer-term signs of stress that are emerging in the global energy system, the International Energy Agency (IEA) warned today at the launch of its annual World Energy Outlook 2014 report in London.
Everyone loves a good laugh, especially when it’s directed at PR spin-meisters like the fossil fuel industries, which continue to greenwash their way to getting $5.1 billion per year from tax payers to find new fossil fuel reserves. They may tell us that they’re investing in alternative energies, but it’s a teeny slice of their budget. So, anything
President Barack Obama pledged deeper U.S. cuts in greenhouse-gas emissions and China will for the first time set a target for capping carbon emissions under an agreement between the world’s two biggest economies.