"**We’re going to compare electricity sources based on a metric called the ‘levelized costs of energy**’ ([[LCOE]]). You can think about LCOE as the answer to the question: what would be the minimum price that my customers would need to pay so that the power plant would break even over its lifetime? This includes the cost of building the plant itself, as well as the running costs for the fuel and operations. ([Location 1488](https://readwise.io/to_kindle?action=open&asin=B0C3X6X695&location=1488))" --- **Tags** -- [[quotes]], [[levellised-cost-of-energy]], [[electricity]], [[energy-ladder]], [[economics]], [[cost-of-goods-sold]], [[energy-efficiency]], [[energy-transition]] **Source** -- [[260103133118 - B - Not the End of the World]]