- 25 Feb 2021 23:49
#15158425
Lazard is a really useful resource but it's also important to keep in mind the factors that unsubsidized cost numbers exclude:
- integration (grid and conventional generation investment to overcome system intermittency) costs for intermittent technologies;
- environmental costs associated with extracting fossil fuels
- environmental and public health externalities associated with fossil fuel generation
- social costs and rate consequences for those who cannot afford DG solutions
- decomissioning costs
- capacity value vs. energy value;
- stranded costs related to distributed generation or otherwise;
- network upgrade, transmission or congestion costs or other integration-related costs;
- significant permitting or other development costs, unless otherwise noted;
- and costs of complying with various environmental regulations (e.g., carbon emissions offsets, emissions control systems)
These can significantly change the calculus.
- integration (grid and conventional generation investment to overcome system intermittency) costs for intermittent technologies;
- environmental costs associated with extracting fossil fuels
- environmental and public health externalities associated with fossil fuel generation
- social costs and rate consequences for those who cannot afford DG solutions
- decomissioning costs
- capacity value vs. energy value;
- stranded costs related to distributed generation or otherwise;
- network upgrade, transmission or congestion costs or other integration-related costs;
- significant permitting or other development costs, unless otherwise noted;
- and costs of complying with various environmental regulations (e.g., carbon emissions offsets, emissions control systems)
These can significantly change the calculus.