Early October 2020, our own Technical Leader, Mathematician and Physicist, Gagi Peskovic, performed calculations related to Levelized Cost Of Energy (LCOE), which represents the average revenue per unit of electricity generated that would be required to recover the costs of building and operating a generating plant during an assumed financial life and duty cycle. The lower the LCOE, the more cost-effective the energy machine is.
The basis for the calculations was, of course, to compare WorldPower Energy’s own technology with today’s existing renewable energy sources.