NewEnergyNews More: THE REAL ECONOMICS OF NEW ENERGY

Every day is Earthday.

Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

email: herman@NewEnergyNews.net

-------------------

Your intrepid reporter

-------------------

    A tip of the NewEnergyNews cap to Phillip Garcia for crucial assistance in the design implementation of this site. Thanks, Phillip.

-------------------

Pay a visit to the HARRY BOYKOFF page at Basketball Reference, sponsored by NewEnergyNews and Oil In Their Blood.

  • ---------------
  • Monday, February 8, 2016

    THE REAL ECONOMICS OF NEW ENERGY

    Is Renewable Energy Economically Viable?

    Tom Lombardo, February 8, 2016 (Engineering)

    “…Levelized Cost of Energy (LCOE) is a commonly used metric to compare the costs of various energy generation technologies. Put simply, LCOE is the ratio of the total cost of the power source to the total energy output over its life, expressed in dollars per kWh. The total cost takes into account the initial capital investment, interest, operations & maintenance costs, and fuel expenses…[But it fails to consider environmental impacts, the reliability and availability of the energy source]……Researchers at the National Renewable Energy Lab (NREL) shifted the discussion [about New Energy] from idealism to pragmatism in Estimating Renewable Energy Economic Potential in the United States: Methodology and Initial Results…The study showed that in all three scenarios, there are long-term economic benefits to adding renewable energy to the grid…for every region of the continental US, with different renewable sources favored in certain areas…” click here for more

    0 Comments:

    Post a Comment

    Note: Only a member of this blog may post a comment.

    << Home