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LCOE


Mathblock
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\mathrm{LCOE} = \frac{\sum^T_{t=0} \frac{ \mathrm{Salesdriver}_t - \mathrm{Cashflow to Equity}_t}{ (1 + \mathrm{Hurdle Rate})^t}}{  \sum^T_{t=0}  \frac{\mathrm{Production}_t}{(1 + \mathrm{Hurdle Rate})^t}}


t=0: Valuation Date

t=T: Project end

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