Full Title: Lazard’s Levelized Cost of Energy Analysis
Author(s): Lazard
Publisher(s): Lazard
Publication Date: November 1, 2018
Full Text: Download Resource
Description (excerpt):
Lazard’s Levelized Cost of Energy (“LCOE”) analysis addresses the following topics:
Comparative LCOE analysis for various generation technologies on a $/MWh basis, including sensitivities, as relevant, for U.S. federal tax
subsidies, fuel prices and costs of capital
Illustration of how the LCOE of wind and utility-scale solar compare to the marginal cost of selected conventional generation technologies
Historical LCOE comparison of various utility-scale generation technologies
Illustration of the historical LCOE declines for wind and utility-scale solar technologies
Illustration of how the LCOE of utility-scale solar compares to the LCOE of gas peaking and how the LCOE of wind compares to the LCOE of gas
combined cycle generation
Comparison of assumed capital costs on a $/kW basis for various generation technologies
Decomposition of the LCOE for various generation technologies by capital cost, fixed operations and maintenance expense, variable operations
and maintenance expense and fuel cost, as relevant
A methodological overview of Lazard’s approach to our LCOE analysis
Considerations regarding the usage characteristics and applicability of various generation technologies
An illustrative comparison of the cost of carbon abatement of various Alternative Energy technologies relative to conventional generation
Summary assumptions for Lazard’s LCOE analysis
Summary of Lazard’s approach to comparing the LCOE for various conventional and Alternative Energy generation technologies