| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5476573 | Energy | 2017 | 12 Pages |
Abstract
The additional cost of balancing renewable energy supply with demand on an hourly rather than annual basis is found to be modest: AU$25-30/MWh (US$19-23/MWh). Using 2016 prices prevailing in Australia, the levelised cost of renewable electricity (LCOE) with hourly balancing is estimated to be AU$93/MWh (US$70/MWh). LCOE is almost certain to decrease due to rapidly falling cost of wind and PV.
Related Topics
Physical Sciences and Engineering
Energy
Energy (General)
Authors
Andrew Blakers, Bin Lu, Matthew Stocks,