How to measure the 'Cost of Energy'

What are the intrinsic limitations of the Levelised Cost of Electricity 'LCoE'.
How to we account for hidden costs ('True CoE' or 'Society's CoE)?
Can we extend the concepts to a 'Cost of Energy' ?

Supervisor name: 
Wolf-Gerrit Früh
Supervisor and Deputy email addresses: 
w.g.fruh@hw.ac.uk

Project Type:

Deputy name: 
Gudrun Kocher