Levelized Cost of Energy: Regional

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.

The complete set of EI New Energy data is available to web subscribers, including historical and forecasted levelized cost of energy (LCOE) calculations, EV sales, our Green Utilities rankings, fuel switching thresholds, electricity production by sector, ethanol and biodiesel fundamentals, carbon and energy prices, along with methodologies and reader’s guides. The New Energy Data Service can be accessed here. Regional Newbuild Power Generation Costs ($/MWh) US Europe Japan Dvlpg. Asia Mideast Large Solar PV 36.1 69.0 119.5 35.7 34.7 Gas CCGT 39.1 70.3 71.6 59.6 55.4 Wind Onshore 41.3 56.6 112.9 50.4 72.1 Large Hydro 61.1 71.6 93.4 41.0 89.3 Coal 73.2 111.9 75.7 49.7 76.0 Gas OCGT 76.1 122.0 118.0 105.7 104.2 Geothermal 83.0 83.0 73.6 49.7 120.9 Wind Offshore 91.0 88.8 159.6 101.8 99.1 Nuclear 101.4 101.4 114.7 55.5 56.7 Biomass 110.1 110.1 99.5 85.0 100.6 Solar CSP 127.6 162.3 NA 137.3 110.9 Coal with CCS 139.2 150.0 157.6 106.8 128.3 Wave-Tidal 285.5 285.5 279.3 270.7 270.6 Levelized cost of energy (LCOE), including capital,

Wanda Ad #2 (article footer)
#
LCOE calculations stubbornly confirm that renewables are the cheapest option for new power generation.
Wed, May 24, 2023
The Net-Zero Insurance Alliance (NZIA) is down a third of its members in the face of antitrust threats from a coalition of Republican state attorneys general in the US.
Fri, May 26, 2023