Cost of Energy Calculator – Android Mobile App

Calculate Levelized Cost of Electricity in a very easy way using the LCOE app. The app is free on the Play store for Android systems.

Here you are able to calculate the lifetime cost of a wind farm or a solar power plant with a step-by-step guide on how the calculation is made.

With this tool you are also able to learn about the effect of changing the project parameters together with an explanation of the main terms used when calculating energy costs.

See the video below on how the app can be used to calculate the Cost of Energy for a wind farm project.

Definitions: 

  • Project capacity
  • Total Capital Expenditure (CAPEX)
  • Total Operational Expenditure (OPEX)
  • Capacity factor
  • Project Lifetime
  • Discount factor

Once you have input your values the app calculates what is the cost of energy per MWh generated for the lifetime of the project.

See also further information on the YOUWINd model website.