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NC-v4 EAc5:Renewable energy production

Renewable Energy Calculation (Energy vs Costs)

Hi Everyone,

I have some questions regarding the calculations for renewable energy production. It seems that this credit is based on the actual energy costs (total $) as opposed to the energy production (total kWh) of the system, is that correct?

If yes, are the renewable energy costs to be interpretted as the costs of the avoided grid (or other scope 2 conventional energy needs) or are the renewable energy costs to be estimated from the inherent costs of the renewable system itself (i.e. the costs defined under its PPA or its total LCOE calculations, etc.)?

Best,

Michael

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Tue, 10/13/2020 - 17:50

Yes it is based on cost. It depends on the renewable source. For solar it is the avoided cost, typically the virtual rate from your energy model. For biomas that you might purchase it is the cost of that fuel.

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