Economist Veronika Grimm points out a serious error in reasoning. Production costs are a popular figure for both politicians and representatives of the climate lobby to support arguments.
The researchers suggest using the “Levelized Cost of Load Coverage”, the LCOLC, instead of the manufacturing cost (LCOE) This could provide more detailed and truthful information about what costs the customer will end up with if they choose renewable energies.. Renewable energies cannot be controlled to the same extent as traditional power plants. Even modern meteorology cannot predict in the long term when there will be enough wind or hours of sunshine to reliably supply the relevant power plants, says Grimm.. Wind and solar power require additional technologies to have the same effect as conventional energy. For example, storage or reserve power plants that require too much electricity from renewables must be included in the calculation of the costs of satisfying demand.. Instead of the mere production costs, the overall production costs are decisive for consumers for the overall cost of electricity.