Levelised cost of storage (LCOS), similarly to levelised cost of energy (LCOE), is measured in $/kWh.
A.) How is the levelised cost of storage calculated?
B.) The discount rate is 7%; the system will operate for 10 years at 1 full cycle per day; the system cost is $10000 AUD; the system capacity is 13.8kWh and; electricity is 4c/kWh. Assume the inflation rate is 0% and that the system will have zero value after 10 years. Calculate the levelised cost of storage for this system.
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