Skip to content
Nemorgi

Levelised cost of energy (LCOE)

Average cost per MWh of an energy project with degradation and a discount rate.

Enter your data: no value is filled in for you.

€
€/year
MWh

Your estimate or one from a resource study.

%
years
%

Result

Calculation version: finance@1.0.0. The calculation runs in your browser: we don't send or store the amounts you enter. We only count, without identifying you, that the tool has been used.

How to use it

  1. 1First-year output should come from a resource study or your best estimate.
  2. 2Include maintenance, insurance, land rent and management in OPEX.
  3. 3The discount rate reflects the project's cost of capital.

How it calculates

  • LCOE = (CAPEX + Σ OPEXₜ / (1 + r)ᵗ) / Σ Eₜ / (1 + r)ᵗ, t = 1…n
  • Eₜ = E₁ × (1 − degradation)^(t−1)

See the full methodology →

Verifiable example

€1,000,000 of CAPEX, €20,000/year, 2,000 MWh, with no degradation or discounting over 25 years: €30.00/MWh.

Limitations

  • Simplified model: no taxes, financing, replacements or residual value.
  • It doesn't include grid connection costs or curtailment.
  • It doesn't replace a technical study or supplier offers.

What the paid levels will add

Compare the levels →
  • Pro· soon

    Several saved sites

    Compare locations and set-ups in one project.

    Coming in the Pro level · Coming soon

    Cloud projects, more capacity and reports without watermark.

    Designed for: People starting a business and less specialised companies

    Only the Basic level exists today, and it is free. The other levels can't be bought yet and have no published price; this is the current plan and may change.

    Compare the levels
  • Advanced· soon

    Hourly profile and self-consumption with your load curve

    Upload your consumption and calculate surplus, savings and battery.

    Coming in the Advanced level · Coming soon

    Each module's professional engines, alerts, scheduled updates and reports with methodology.

    Designed for: Startups and growing companies

    Only the Basic level exists today, and it is free. The other levels can't be bought yet and have no published price; this is the current plan and may change.

    Compare the levels
  • Advanced· soon

    Technology Comparison Lab

    Compare technologies, hourly profile, capacity, constraints and costs under consistent assumptions.

    Coming in the Advanced level · Coming soon

    Each module's professional engines, alerts, scheduled updates and reports with methodology.

    Designed for: Startups and growing companies

    Only the Basic level exists today, and it is free. The other levels can't be bought yet and have no published price; this is the current plan and may change.

    Compare the levels
  • Master· soon

    Mix and storage optimisation

    The lowest-cost combination of technologies and battery for your demand.

    Coming in the Master level · Coming soon

    Everything without practical limits: optimisation, Monte Carlo simulation, AI with your projects' context, API and licensed data.

    Designed for: Large companies, specialist consultancies and universities

    Only the Basic level exists today, and it is free. The other levels can't be bought yet and have no published price; this is the current plan and may change.

    Compare the levels

Keep exploring

Related moduleEnergySimSimulate resources, generation, storage, demand and the economic viability of energy systems.View the module

See all 15 tools →

Indicative result

It doesn't constitute financial, tax or investment advice. Check important decisions with a professional.