The Levelized Cost of Storage (LCOS) is a metric used to compare the economic viability of different Energy Storage System (ESS) technologies by calculating the total cost of owning and operating an ESS over its lifetime, divided by the total energy delivered by the ESS during that time. The LCOS provides a standardized measure of the cost per unit of energy (e.g., $/MWh) that an ESS delivers, allowing for a....
Log in to view the answer
