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@ARTICLE{Weinand:1009098,
      author       = {Weinand, Jann Michael and Hoffmann, Maximilian and
                      Göpfert, Jan and Terlouw, Tom and Schönau, Julian and
                      Kuckertz, Patrick and McKenna, Russell and Kotzur, Leander
                      and Linßen, Jochen and Stolten, Detlef},
      title        = {{G}lobal {LCOE}s of decentralized off-grid renewable energy
                      systems},
      journal      = {Renewable $\&$ sustainable energy reviews},
      volume       = {183},
      issn         = {1364-0321},
      address      = {Amsterdam [u.a.]},
      publisher    = {Elsevier Science},
      reportid     = {FZJ-2023-02637},
      pages        = {113478 -},
      year         = {2023},
      abstract     = {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.},
      cin          = {IEK-3},
      ddc          = {620},
      cid          = {I:(DE-Juel1)IEK-3-20101013},
      pnm          = {1111 - Effective System Transformation Pathways (POF4-111)
                      / 1112 - Societally Feasible Transformation Pathways
                      (POF4-111) / 110 - Energiesystemdesign (ESD) (POF4-100)},
      pid          = {G:(DE-HGF)POF4-1111 / G:(DE-HGF)POF4-1112 /
                      G:(DE-HGF)POF4-110},
      typ          = {PUB:(DE-HGF)16},
      UT           = {WOS:001031138100001},
      doi          = {10.1016/j.rser.2023.113478},
      url          = {https://juser.fz-juelich.de/record/1009098},
}