LCOE: What is the levelized cost of solar energy?

levelized cost of solar energy lcoe

PLEASE NOTE: While this article uses 20 years as the expected lifetime of solar panels, most warranties on solar panels are for 25-30 years, so in our calculations in other parts of our website, we now use 25 years as the expected lifetime for the purposes of calculating the Levelized Cost of Electricity (LCOE). - ...

Obama’s stance on coal great for solar energy

U.S. President Barrack Obama recently declared war on coal, introducing regulations to reduce carbon emissions from coal production plants by 30% below 2005 levels by 2030. This comes on the heels of Obama’s move last month to promote solar power and energy efficiency in the United States. Combined, these two developments spell great news for ...

Smart Grids and Solar Energy

Smart Grid

Smartphones, smartcars, smartTVs - everyday we seem to hear the word "smart" in front of a new word. You may have also heard about the smart grid. This one happens to be very important for the future of solar energy. In fact, without a smart grid, it is very difficult to imagine a world where ...