OEO Ontology

Overview / Open Energy Ontology / Class - levelised cost of electricity
Label: levelised cost of electricity

Levelised cost of electricity are the net cost of converting energy to electricity / electric energy over the lifetime of an energy transformation unit. They are calculated considering all relevant costs including investment, operation, maintenance and fuel cost, etc.

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Cost is an economic value that describes the amount of money needed to buy, make, or do a thing.