Lowest levelized cost of energy (LCOE), a widely-used metric to compare the profitability of power sources, is “not the right approach” for hybrid units. “A paradigm shift is underway,” the U.S. National Renewable Energy Laboratory (NREL) says, arguing hybrid plants with energy storage need to be rewarded for flexibility and grid ancillary services.
|Full content is available only to subscribers
please log in below or subscribe now
Or request to register for a free 14 day trial here