Abstract
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.
| Original language | English |
|---|---|
| Pages (from-to) | 1125-1148 |
| Number of pages | 24 |
| Journal | Journal of Business Economics |
| Volume | 93 |
| Issue number | 6-7 |
| DOIs | |
| State | Published - Aug 2023 |
Keywords
- Full cost
- Levelized cost
- Levelized cost of carbon
- Levelized cost of energy
- Levelized cost of energy storage
- Levelized cost of hydrogen
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