TY - JOUR
T1 - Applications of the levelized cost concept
AU - Friedl, Gunther
AU - Reichelstein, Stefan
AU - Bach, Amadeus
AU - Blaschke, Maximilian
AU - Kemmer, Lukas
N1 - Publisher Copyright:
© 2023, The Author(s).
PY - 2023/8
Y1 - 2023/8
N2 - Levelized cost is a life-cycle cost measure that aggregates investment expenditures and operating costs into a unit cost figure. So far, most applications of this concept have originated in relation to energy technologies. This paper describes the role of the levelized cost concept in cost accounting and synthesizes multiple research streams in connection with electricity, energy storage, hydrogen and carbon capture. Finally, we sketch multiple potential future applications of the levelized cost concept.
AB - Levelized cost is a life-cycle cost measure that aggregates investment expenditures and operating costs into a unit cost figure. So far, most applications of this concept have originated in relation to energy technologies. This paper describes the role of the levelized cost concept in cost accounting and synthesizes multiple research streams in connection with electricity, energy storage, hydrogen and carbon capture. Finally, we sketch multiple potential future applications of the levelized cost concept.
KW - Full cost
KW - Levelized cost
KW - Levelized cost of carbon
KW - Levelized cost of energy
KW - Levelized cost of energy storage
KW - Levelized cost of hydrogen
UR - http://www.scopus.com/inward/record.url?scp=85166176076&partnerID=8YFLogxK
U2 - 10.1007/s11573-023-01171-7
DO - 10.1007/s11573-023-01171-7
M3 - Article
AN - SCOPUS:85166176076
SN - 0044-2372
VL - 93
SP - 1125
EP - 1148
JO - Journal of Business Economics
JF - Journal of Business Economics
IS - 6-7
ER -