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- 2014-12-23
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Description: This updated version (2012) of the study on the “Levelized
costs of electricity - renewable energies” December
2010 incorporates current cost trends the last two years
(Kost and Schlegl, 2010). The standard financing costs and
risk premiums for the market are covered in more detail in this
version and are calculated individually for each technology and
country. This allows for a realistic comparison of power plant
locations, technology risks and cost trends. The level of financing
costs has a considerable influence on the LCOE and on
the competitive capacity of a technology. This has to be taken
into account when comparing the 2010 study with the current
version. The LCOE have been recalculated using current, specific
investments. The study models future cost trends based
on market growth and observed learning curves, thus allowing
conclusions to be drawn regarding the competitive capacity of
the individual technologies.
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