Renewable-heavy grids: dividing the pie?
The levelized cost of partial electricity (LCOPE) is very different from the levelized cost of total electricity (LCOTE). This 21-page note explores the distinction. It suggests renewables will peak at 30-60% of power grids? And gas is particularly well-placed as a back-up, set to surprise, by entrenching at 30-50% of renewables-heavy grids?
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