They blather to deceive
Jun 2, 2015
Bishop Hill in Climate: WG3

Levelized cost comparisons are a misleading metric for comparing intermittent and dispatchable generating technologies...

Paul Joskow, MIT

The standard way of comparing the cost of different types of electricity is to look at the levelised cost of electricity (LCOE) per MWh.
From "Annex: How competitive is renewable energy" from the Global Apollo Programme, a new scheme from Lord Stern, Lord Rees, David King, Adair Turner and others.

 

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