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by mnau
723 days ago
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Their project life for solar and wind both seem to be 20 years to calculate LCOE. That seems to be correct for wind that needs major refitting, but solar seems to be more durable. Google suggests 10% loss after 20 years for solar. Therefore, i have doubts that presented numbers are accurate. Solar will simply churn along for far longer, while wind will have to becreplaced. |
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Not disputing, but where do you see this?
> Solar will simply churn along for far longer, while wind will have to becreplaced
We don’t have good numbers for the longevity of wind turbines either, though it’s probably under 25 years [1].
> doubts that presented numbers are accurate
Unlikely. The terminal value of that residual at any reasonable cost of capital is, while non-negligible, not going to be significant. (See Slide 6 for how each source’s LCOE reacts to rates.)
[1] https://www.twi-global.com/technical-knowledge/faqs/how-long...