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Levelised Unit Cost - a Calculation and Reporting Methodology

Alan Knights

Key words
Unit generation costs, Levelised Cost, calculating unit electricity generation costs, geothermal
Conference
Australian Geothermal Energy Conference
Year
2009
Language
English

Full text

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Abstract

To ensure there is no confusion, contradiction and a fair and meaningful comparison within the geothermal and investment community in relation to the use of uit generation costs, the adoption of a standardised methodology for cost calculations and reporting among different electricity generators is a prerequisite. The Australian Geothermal Energy Association, AGEA, proposes to use levelised Cost as the unit cost measure to be quoted when companies report average unit generation costs.

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