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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.
"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.
See also
References
- Amiton, Lauren (July 24, 2015). "Powering Texas: Big, Clean, Market-Driven Changes are Already Underfoot". Retrieved 2019-09-21.
External links
- 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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