The levelized cost of electricity is a measure of the average net present cost of generating electricity for a power plant over its entire operating lifetime. It is one of several cost metrics used in investment planning and to compare different electricity-generation methods on a consistent basis. This description is adapted from Wikipedia contributors under CC BY-SA 4.0; changes were made. https://creativecommons.org/licenses/by-sa/4.0/
Sources
Levelized Cost of Electricity (Wikipedia)
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