Critical review of the levelised cost of energy metric

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dc.contributor.authorSklar-Chik, M. D.en_ZA
dc.contributor.authorBrent, A. C.en_ZA
dc.contributor.authorDe Kock, I. H.en_ZA
dc.date.accessioned2016-12-13T06:56:37Z
dc.date.available2016-12-13T06:56:37Z
dc.date.issued2016
dc.descriptionCITATION: Sklar-Chik, M. D., Brent, A. C. & De Kock, I. H. 2016. Critical review of the levelised cost of energy metric. South African Journal of Industrial Engineering, 27(4):124-133, doi:10.7166/27-4-1496.en_ZA
dc.descriptionThe original publication is available at http://sajie.journals.ac.za
dc.description.abstractThe purpose of this paper is to critically review the ‘levelised cost of energy’ metric used in electricity project development. This metric is widely used, because it is a simple metric to calculate the cost per unit of electricity for a given technology connected to the electricity network. However, it neglects certain key terms such as inflation, integration costs, and system costs. The implications of incorporating these additional costs would provide a more comprehensive metric for evaluating electricity generation projects, and for the system as a whole. It is therefore recommended to refine the metric for the South African context.en_ZA
dc.description.urihttp://sajie.journals.ac.za/pub/article/view/1496
dc.description.versionPublisher's version
dc.format.extent10 pagesen_ZA
dc.identifier.citationSklar-Chik, M. D., Brent, A. C. & De Kock, I. H. 2016. Critical review of the levelised cost of energy metric. South African Journal of Industrial Engineering, 27(4):124-133, doi:10.7166/27-4-1496
dc.identifier.issn2224-7890 (online)
dc.identifier.issn1012-277X (print)
dc.identifier.otherdoi:10.7166/27-4-1496
dc.identifier.urihttp://hdl.handle.net/10019.1/99985
dc.language.isoen_ZAen_ZA
dc.publisherSouthern African Institute for Industrial Engineeringen_ZA
dc.rights.holderAuthors retain copyrighten_ZA
dc.subjectElectricity -- Metric system -- Costen_ZA
dc.titleCritical review of the levelised cost of energy metricen_ZA
dc.typeArticleen_ZA
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