Topic: Energy storage modelingSubscribe | Previous | Next
Xiugui Wang 5/20/2022
Which parameter in energy storage can represent the levelized cost of storage (LCOS) and levelized cost of electricity（ LCOE)？
Charlie Heaps 5/22/2022
Hi Xiugui,
You don't normally specify LCOE values in LEAP, you need to enter the various components of the costs of that in the form of the capital, and fixed and variable operating and maintenance costs. Storage costs typically don't have any fuel or externality costs, but other non-storage processes may also have those types of costs. Those costs are input into LEAP's overall social cost-benefit calculations as well as any least cost optimization calculations.
Hope this helps,
Charlie
John Sanchez 5/26/2022
We are currently using the LCOH as a Variable OP cost that let us know the cost of the implementation because is not easy to find CAPEX and some other costs as single values, the results that we are obtaining are comparable with some other cost analyses. I want to know your opinion Charles, Do you think that it is a wrong analysis?