The levelized cost of energy (LCOE) from solar plants in the U.S. dropped by 28% in the past year.

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Yet the levelized cost of solar photovoltaic power is more than eight times the levelized cost of coal power.

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Offshore wind projects are evaluated in terms of their initial installed capital cost (ICC) as well as their life-cycle costs, which are often described as the levelized cost of energy (LCOE).

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So, a solar power plant equipped with a QBotix robot will generate power at a levelized cost of electricity (LCOE) that is 8 to 15 percent lower than a power plant with single-axis tracker and 15 to 20 percent lower than a power plan with panels in fixed positions.

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