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Projected and realized cost of energy
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.

At the same time Lazard Ltd, the world’s leading financial and asset management firm, advises on mergers, acquisitions, restructuring, capital structure and strategy, conducted their annual in-depth study comparing the energy costs of different generation technologies and the costs of energy storage technologies for different systems and devices.
Their last report “LAZARD’S LEVELIZED COST OF ENERGY ANALYSIS—VERSION 14.0” was recently published and the correspondence between the figures from this and our own calculations is remarkable, with a difference of only 1.8%!

This indicates that the WorldPower Energy team possesses high quality knowledge and expertise and is accurate in their work of data collection and usage of sources for our calculations, which in turn gives realistic projections and results.
We are very pleased with this confirmation, which creates a sense of security in our own work, also in the future.

By following the link you can read more about our revolutionary energy solution!