Which of the following is a characteristic of levelized cost of energy (LCOE)?(1 point)

It is the maximum price per kWh at which electricity must be sold in order to break even over the lifetime of a power-generating project.

It is the minimum price per kWh at which electricity must be sold in order to break even over the lifetime of a power-generating project.

It is the minimum amount of power that can be produced per dollar over the lifetime of a power-generating project.

It is the maximum amount of power that can be produced per dollar over the lifetime of a power-generating project.

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Answer:

It is the minimum price per kWh at which electricity must be sold in order to break even over the lifetime of a power-generating project.

Explanation:

It is the minimum price per kWh at which electricity must be sold in order to break even over the lifetime of a power-generating project.

What is the levelized cost of energy LCOE ?

The levelized cost of energy (LCOE), or levelized cost of electricity, is a measure of the average net present cost of electricity generation for a generating plant over its lifetime. It is used for investment planning and to compare different methods of electricity generation on a consistent basis.

Thus, option "B" is correct.

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