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Renewable Energy Costs and Benefits for Society (RECABS)

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This study assesses the long-term levelized electricity generation costs of a number of selected electricity generation technologies (i.e. fuel costs, operating and maintenance costs as well as capital costs). Various external costs and benefits can also be added, which, in terms of money, are external to the individual power plants, but internal for society. In principle, the notion of externalities includes all effects that influence the welfare of human beings but which are not priced in the market and consequently not paid for by the key actors.