Levelized cost is a life-cycle cost measure that aggregates investment expenditures and operating costs into a unit cost figure. So far, most applications of this concept have originated in relation to energy technologies. This paper describes the role of the levelized cost concept in cost...

The electricity deficit in Cameroon is estimated today at 50 GWh. This deficit characterized by frequent and sometimes prolonged load shedding, disrupts economic and social life. To overcome this electricity deficit, Cameroon took the decision to produce 3000 MW of electrical energy from its...

The pace of the global decarbonization process is widely believed to hinge on the rate of cost improvements for clean energy technologies, in particular renewable power and energy storage. This paper adopts the classical learning-by-doing framework of Wright (1936), which predicts that cost will...