In 2020, the levelized cost of energy (LCOE) of photovoltaic systems stood at 11 Japanese yen per kilowatt hour. Figures were estimated to decrease down to around 3.6 yen in 2050. To reduce greenhouse gas emissions, the Japanese government made investments in renewables such as solar energy a priority.
Levelized cost of energy (LCOE) per kilowatt hour of photovoltaic (PV) systems in Japan in 2020 with a forecast until 2050
(in Japanese yen)
The LCOE describes the costs that are necessary for converting energy from another form of energy into electricity. 100 Japanese yen equal 0.74 U.S. dollars or 0.70 euros as of December 2022.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Renewable Energy Institute. (March 9, 2021). Levelized cost of energy (LCOE) per kilowatt hour of photovoltaic (PV) systems in Japan in 2020 with a forecast until 2050 (in Japanese yen) [Graph]. In Statista. Retrieved October 02, 2024, from https://www.statista.com/statistics/1240816/japan-lcoe-pv-systems/
Renewable Energy Institute. "Levelized cost of energy (LCOE) per kilowatt hour of photovoltaic (PV) systems in Japan in 2020 with a forecast until 2050 (in Japanese yen)." Chart. March 9, 2021. Statista. Accessed October 02, 2024. https://www.statista.com/statistics/1240816/japan-lcoe-pv-systems/
Renewable Energy Institute. (2021). Levelized cost of energy (LCOE) per kilowatt hour of photovoltaic (PV) systems in Japan in 2020 with a forecast until 2050 (in Japanese yen). Statista. Statista Inc.. Accessed: October 02, 2024. https://www.statista.com/statistics/1240816/japan-lcoe-pv-systems/
Renewable Energy Institute. "Levelized Cost of Energy (Lcoe) per Kilowatt Hour of Photovoltaic (Pv) Systems in Japan in 2020 with a Forecast until 2050 (in Japanese Yen)." Statista, Statista Inc., 9 Mar 2021, https://www.statista.com/statistics/1240816/japan-lcoe-pv-systems/
Renewable Energy Institute, Levelized cost of energy (LCOE) per kilowatt hour of photovoltaic (PV) systems in Japan in 2020 with a forecast until 2050 (in Japanese yen) Statista, https://www.statista.com/statistics/1240816/japan-lcoe-pv-systems/ (last visited October 02, 2024)
Levelized cost of energy (LCOE) per kilowatt hour of photovoltaic (PV) systems in Japan in 2020 with a forecast until 2050 (in Japanese yen) [Graph], Renewable Energy Institute, March 9, 2021. [Online]. Available: https://www.statista.com/statistics/1240816/japan-lcoe-pv-systems/