Memo
Jan 28, 2020
LCOE and its Limitations
![](https://energyforgrowth.org/wp-content/uploads/2020/01/Figure-2-LCOE-2-500x249.png)
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More than a billion people worldwide live without access to basic electricity: One in every six people on Earth doesn’t have enough energy at home for indoor lighting or even to charge a mobile phone. But as appalling as that figure is, it has misled policy-makers, nonprofits, and funders about the true extent of global energy poverty.