Basics of Energy Economics - III

Welcome to the third part of energy economics!!

Have you ever observed cost difference between goods and services in 2020 & in 1980? Our parents used to get one Parle-G biscuit pack for 25 paisa in 1980's ,but now the same pack is for Rs. 5. The price has changed. What is the reason? Which factors affect the price of goods & services by time to time? All these questions are going to be answered in the following video.

This video also introduces new term which is levalised cost of energy (LCOE).

Get ready for knowing Net Present Value & LCOE.