Recent blogs have looked closely at various renewable energy sources’ levelized cost of energy (LCOE). This measure has been, and will likely remain, an essential metric when it comes to comparing energy-related projects. A key advantage is that LCOE is expressed in currency per megawatt-hour or kilowatt-hour, and is flexible through its use of each assets’ development and operational parameters.
Our earlier post, “LCOE’s to compare energy investments”, focused on levelized costs of energy. This post will more closely examine LCOE’s for wind energy. In doing so, we will seek to understand the calculations and their unique charateristics, and explore the differences between offshore and onshore projects. Finally, we will present an overview of some selected countries and their respective LCOE’s.
Sun is playing a significant part in the formation of winds, as suns thermal energy, through convection, heats earth’ surfaces. The differences in surface temperatures are causing the emergence of wind. Hence, as long as there is the sun, there will be wind.
Electrifying is a blog founded by Markus Dirnbacher & Michael Bürger to provide useful and up to date content about renewable energy. This blog is relevant for anyone interested in renewable energies, no matter if you are just getting started, are an informed individual, work in related industries, or are an expert in the field. We include all different kinds of sustainable energy sources, technologies and business opportunities, for our readers. Our goal is to provide reliable information to our audience.