TY  - JOUR
AU  - Weinand, Jann Michael
AU  - Hoffmann, Maximilian
AU  - Göpfert, Jan
AU  - Terlouw, Tom
AU  - Schönau, Julian
AU  - Kuckertz, Patrick
AU  - McKenna, Russell
AU  - Kotzur, Leander
AU  - Linßen, Jochen
AU  - Stolten, Detlef
TI  - Global LCOEs of decentralized off-grid renewable energy systems
JO  - Renewable & sustainable energy reviews
VL  - 183
SN  - 1364-0321
CY  - Amsterdam [u.a.]
PB  - Elsevier Science
M1  - FZJ-2023-02637
SP  - 113478 -
PY  - 2023
AB  - Recent global events emphasize the importance of a reliable energy supply. One way to increase energy supply security is through decentralized off-grid renewable energy systems, for which a growing number of case studies are researched. This review gives a global overview of the levelized cost of electricity (LCOE) for these autonomous energy systems, which range from 0.03 $2021/kWh to over 1.00 $2021/kWh worldwide. The average LCOEs for 100% renewable energy systems have decreased by 9% annually between 2016 and 2021 from 0.54 $2021/kWh to 0.29 $2021/kWh, most likely due to cost reductions in renewable energy and storage technologies. This review identifies and discusses seven key reasons why LCOEs are frequently overestimated or underestimated in research, and how this can be prevented in the future. This overview can be employed to verify findings on off-grid systems, to assess where these systems might be deployed and how costs evolve.
LB  - PUB:(DE-HGF)16
UR  - <Go to ISI:>//WOS:001031138100001
DO  - DOI:10.1016/j.rser.2023.113478
UR  - https://juser.fz-juelich.de/record/1009098
ER  -