Life-cycle cost - Revision history

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Jmdonev at 19:42, 17 July 2018

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	[[Category:Done ~~2017~~-07-01]]		[[Category:Done 2018-07-20]]
	<onlyinclude>The '''life-cycle cost (LCC)''' of a project it the total amount of all costs incurred by the project from its initial design stages to its decommissioning.</onlyinclude><ref>Washington State Department of Enterprise Services		<onlyinclude>The '''life-cycle cost (LCC)''' of a project it the total amount of all costs incurred by the project from its initial design stages to its decommissioning.</onlyinclude><ref>Washington State Department of Enterprise Services
	Engineering & Architectural Services. "Energy Life-Cycle Cost Analysis:		Engineering & Architectural Services. "Energy Life-Cycle Cost Analysis:
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	The LCCA is usually presented in the form of the [[levelized cost of energy]] (LCOE) for a project. The LCOE measures these costs over the lifetime of a plant and determines how much it costs to produce an amount of energy (usually per [[watt-hour\|MWh]])<ref>A. Sayigh. ''Comprehensive Renewable Energy''. Amsterdam: Elsevier Ltd., 2012, pp. 37.</ref> The LCCA of a project can be used to compare the lifetime costs of one project compared to another.		The LCCA is usually presented in the form of the [[levelized cost of energy]] (LCOE) for a project. The LCOE measures these costs over the lifetime of a plant and determines how much it costs to produce an amount of energy (usually per [[watt-hour\|MWh]])<ref>A. Sayigh. ''Comprehensive Renewable Energy''. Amsterdam: Elsevier Ltd., 2012, pp. 37.</ref> The LCCA of a project can be used to compare the lifetime costs of one project compared to another.

			==For Further Reading==
			*[[Embodied energy]]
			*[[Environmental impact]]
			*[[Life cycle]]
			*[[Life cycle assessment]]
			*Or explore a [[Special:Random\|random page]]

	==References==		==References==
	{{reflist}}		{{reflist}}
			[[Category: Uploaded]]

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Jmdonev at 16:54, 28 July 2017

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	<onlyinclude>The '''life-cycle cost (LCC)''' of a project it the total amount of all costs incurred by the project from its initial design stages to its decommissioning.</onlyinclude><ref>Washington State Department of Enterprise Services		<onlyinclude>The '''life-cycle cost (LCC)''' of a project it the total amount of all costs incurred by the project from its initial design stages to its decommissioning.</onlyinclude><ref>Washington State Department of Enterprise Services
	Engineering & Architectural Services. "Energy Life-Cycle Cost Analysis:		Engineering & Architectural Services. "Energy Life-Cycle Cost Analysis:
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	To determine what the life-cycle cost of a project will be, firms carry out '''life-cycle cost analysis (LCCA)'''. A LCCA takes into account all costs, from the cost of construction, cost of fuel or repairs to the cost imposed by emissions from the project. The analysis takes into account all known and projected costs. Costs such as the [[social cost]] from [[pollution]] are difficult to quantify and therefore the LCCA is not exact. The LCCA of a project allows firms to compare different projects to determine which is the cheapest in the long term.		To determine what the life-cycle cost of a project will be, firms carry out '''life-cycle cost analysis (LCCA)'''. A LCCA takes into account all costs, from the cost of construction, cost of fuel or repairs to the cost imposed by emissions from the project. The analysis takes into account all known and projected costs. Costs such as the [[social cost]] from [[pollution]] are difficult to quantify and therefore the LCCA is not exact. The LCCA of a project allows firms to compare different projects to determine which is the cheapest in the long term.

	The LCCA is usually presented in the form of the [[levelized cost of energy]] (LCOE) for a project. The LCOE measures these costs over the lifetime of a plant and determines how much it costs to produce an amount of energy (usually per [[MWh]])<ref>A. Sayigh. ''Comprehensive Renewable Energy''. Amsterdam: Elsevier Ltd., 2012, pp. 37.</ref> The LCCA of a project can be used to compare the lifetime costs of one project compared to another.		The LCCA is usually presented in the form of the [[levelized cost of energy]] (LCOE) for a project. The LCOE measures these costs over the lifetime of a plant and determines how much it costs to produce an amount of energy (usually per [[watt-hour\|MWh]])<ref>A. Sayigh. ''Comprehensive Renewable Energy''. Amsterdam: Elsevier Ltd., 2012, pp. 37.</ref> The LCCA of a project can be used to compare the lifetime costs of one project compared to another.

	==References==		==References==
	{{reflist}}		{{reflist}}

Jmdonev at 15:34, 22 November 2016

2016-11-22T15:34:20Z

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	*Maintenance, retrofitting and replacement costs.		*Maintenance, retrofitting and replacement costs.

	==Life-Cycle Cost Analysis and ~~Leveized~~ Cost of Energy==		==Life-Cycle Cost Analysis and Levelized Cost of Energy==

	To determine what the life-cycle cost of a project will be, firms carry out '''life-cycle cost analysis (LCCA)'''. A LCCA takes into account all costs, from the cost of construction, cost of fuel or repairs to the cost imposed by emissions from the project. The analysis takes into account all known and projected costs. Costs such as the [[social cost]] from [[pollution]] are difficult to quantify and therefore the LCCA is not exact. The LCCA of a project allows firms to compare different projects to determine which is the cheapest in the long term.		To determine what the life-cycle cost of a project will be, firms carry out '''life-cycle cost analysis (LCCA)'''. A LCCA takes into account all costs, from the cost of construction, cost of fuel or repairs to the cost imposed by emissions from the project. The analysis takes into account all known and projected costs. Costs such as the [[social cost]] from [[pollution]] are difficult to quantify and therefore the LCCA is not exact. The LCCA of a project allows firms to compare different projects to determine which is the cheapest in the long term.

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2016-09-17T22:29:51Z

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Jmdonev at 04:35, 4 September 2016

2016-09-04T04:35:28Z

New page

[[Category:Done 2016-04-30]]
<onlyinclude>The '''life-cycle cost (LCC)''' of a project it the total amount of all costs incurred by the project from its initial design stages to its decommissioning.</onlyinclude><ref>Washington State Department of Enterprise Services
Engineering & Architectural Services. "Energy Life-Cycle Cost Analysis:
Guidelines for Public Agencies in Washington State." [Online], Available: http://www.des.wa.gov/services/facilities/energy/elcca, April 2013 [July 13, 2016], pp. 5.</ref>

Some of these costs are:<ref>The Economic Modeling Working Group
Of the Generation IV International Forum. ''COST ESTIMATING GUIDELINES FOR GENERATION IV NUCLEAR ENERGY SYSTEMS''. Printed by the OECD Nuclear Energy Agency
for the Generation IV International Forum, 2007, pp. 64,67.</ref>
*Research & Development (R&D) cost
*Fuel cost
*Construction cost
*Financing
*Operation and management cost
*Cost of commissioning and decommissioning the project
*Carbon costs (or other environmental costs relevant to the type of project)
*Maintenance, retrofitting and replacement costs.

==Life-Cycle Cost Analysis and Leveized Cost of Energy==

To determine what the life-cycle cost of a project will be, firms carry out '''life-cycle cost analysis (LCCA)'''. A LCCA takes into account all costs, from the cost of construction, cost of fuel or repairs to the cost imposed by emissions from the project. The analysis takes into account all known and projected costs. Costs such as the [[social cost]] from [[pollution]] are difficult to quantify and therefore the LCCA is not exact. The LCCA of a project allows firms to compare different projects to determine which is the cheapest in the long term.

The LCCA is usually presented in the form of the [[levelized cost of energy]] (LCOE) for a project. The LCOE measures these costs over the lifetime of a plant and determines how much it costs to produce an amount of energy (usually per [[MWh]])<ref>A. Sayigh. ''Comprehensive Renewable Energy''. Amsterdam: Elsevier Ltd., 2012, pp. 37.</ref> The LCCA of a project can be used to compare the lifetime costs of one project compared to another.

==References==
{{reflist}}