Online Electricity Cost Calculator
The European Wind Energy Association (EWEA) has developed an online tool which allows you to calculate and project the levelised cost of electricity generated by new gas, coal, nuclear, on- and offshore wind power plants. The levelised cost of electricity is defined as the actualized kWh cost over the whole lifetime of the project, taking into account the present value (2010) of all the cost components.
The tool uses a methodology in which the fuel and carbon cost components are taken into account, together with the corresponding risk associated with their price volatility. You can change the basic assumptions for all the power generation technologies, calculate their levelised cost of electricity for 2010, 2020 and 2030, and compare the results for the different technologies and years.Please click the image below to launch the tool.