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The Cost competitiveness of fuel sources is a measure of whether or not particular fuel sources are cost competitive in the energy market, and is a primary factor in determining if a fuel source will be utilized. If a fuel source can be produced and sold lower than the price crude oil is being traded at, including taxes, then it is considered to be a cost competitive fuel source.[citation needed]
"Lazard’s levelized cost of energy (LCOE) is the most commonly used metric for comparing cost competitiveness of fuel sources", according to the Lone Star Fuels Alliance.[1]
See also edit
References edit
- ^ Amiton, Lauren (July 24, 2015). "Powering Texas: Big, Clean, Market-Driven Changes are Already Underfoot". Retrieved 2019-09-21.
External links edit
- MSN website about the price increase
- News website about the increase
- DOE Office of Indian Energy (2016). "Levelized Cost of Energy (LCOE)" (PDF). US Department of Energy.
- "Levelized Cost of Energy Calculator - Energy Analysis". NREL. Retrieved 2019-09-21.
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