In 2020, the levelized cost of energy (LCOE) of onshore wind energy in Japan stood at 14.1 Japanese yen per kilowatt hour. Figures were estimated to decrease down to around 4.5 yen in 2050. To reduce greenhouse gas emissions, the Japanese government is currently working on replacing fossil fuels with renewable energy sources.
Levelized cost of energy (LCOE) per kilowatt hour of onshore wind energy in Japan in 2020 with forecasts 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.
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Renewable Energy Institute. (March 9, 2021). Levelized cost of energy (LCOE) per kilowatt hour of onshore wind energy in Japan in 2020 with forecasts until 2050 (in Japanese yen) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1240819/japan-forecasted-lcoe-onshore-wind-energy/
Renewable Energy Institute. "Levelized cost of energy (LCOE) per kilowatt hour of onshore wind energy in Japan in 2020 with forecasts until 2050 (in Japanese yen)." Chart. March 9, 2021. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1240819/japan-forecasted-lcoe-onshore-wind-energy/
Renewable Energy Institute. (2021). Levelized cost of energy (LCOE) per kilowatt hour of onshore wind energy in Japan in 2020 with forecasts until 2050 (in Japanese yen). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1240819/japan-forecasted-lcoe-onshore-wind-energy/
Renewable Energy Institute. "Levelized Cost of Energy (Lcoe) per Kilowatt Hour of Onshore Wind Energy in Japan in 2020 with Forecasts until 2050 (in Japanese Yen)." Statista, Statista Inc., 9 Mar 2021, https://www.statista.com/statistics/1240819/japan-forecasted-lcoe-onshore-wind-energy/
Renewable Energy Institute, Levelized cost of energy (LCOE) per kilowatt hour of onshore wind energy in Japan in 2020 with forecasts until 2050 (in Japanese yen) Statista, https://www.statista.com/statistics/1240819/japan-forecasted-lcoe-onshore-wind-energy/ (last visited December 22, 2024)
Levelized cost of energy (LCOE) per kilowatt hour of onshore wind energy in Japan in 2020 with forecasts until 2050 (in Japanese yen) [Graph], Renewable Energy Institute, March 9, 2021. [Online]. Available: https://www.statista.com/statistics/1240819/japan-forecasted-lcoe-onshore-wind-energy/
