Levelized cost of energy

Levelized cost of energy is a finance metric, usually shortened to LCOE. Some guides from NREL, IEA PVPS, SunSpec and SolarPower Europe spell it out as levelized or levelised cost of electricity. Financial analysis training treats LCOE as a separate approach from proforma modeling when evaluating an investment. Equipment makers use LCOE to compare products: one string inverter datasheet claims the lowest LCOE in the industry for commercial, industrial and utility-scale sites.

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• sentence 1: support check: partial - Passages give LCOE = levelized cost of energy, but none says it is a finance metric (the Delta text only implies a cost measure).
• sentence 2: support check: partial - The spelling 'levelized/levelised cost of electricity' appears, but the passages don't attribute it to NREL, IEA PVPS, SunSpec and SolarPower Europe specifically.
• sentence 3: support check: partial - The title 'Proforma Modeling vs. LCOE' suggests they are contrasted, but it doesn't mention financial analysis training or evaluating an investment.
• sentence 1: review: partial - The passages support LCOE as the abbreviation for levelized cost of energy, but none calls it a finance metric. -->