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One of the most important aspects of the levelised cost of energy (LCOE) is the discount rate used. High capital, low O&M projects (e.g. wind, solar) prefer a very low discount rate. Low capital, high O&M (e.g. fossil) prefer a higher discount rate. Who "wins" very much depends on the cost of capital.
by jam on Fri Jul 20th, 2012 at 10:46:21 AM EST
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Indeed it does.

Peak oil is not an energy crisis. It is a liquid fuel crisis.
by Starvid on Fri Jul 20th, 2012 at 11:49:34 AM EST
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