Geography A-Level
Economic Viability
What Economic Viability means in Geography A-Level, as defined for Pearson Edexcel.
Definition of Economic Viability
Analysis of the Levelized Cost of Energy (LCOE), comparing the high initial capital expenditure (CAPEX) of renewables and nuclear against the low operational expenditure (OPEX) and carbon tax savings.
Topics that use Economic Viability
- The Carbon Cycle and Energy Security (Pearson Edexcel A-Level)
Related terms
- Anthropogenic
- Anthropogenic Forcing
- Carbon Intensity
- Carbon Sequestration
- Carbon Sequestration and Storage
- Chemical Weathering and Carbonation
- Cryosphere
- Decarbonisation
Using Economic Viability in the exam
Definition questions usually carry one or two marks, and examiners look for the precise wording. Write the definition from memory, check it against the version above, and then use the term in a longer answer on the same topic so it sticks.
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