In 2020, the levelized cost of energy (LCOE) of geothermal energy in Japan stood at 13.3 Japanese yen per kilowatt hour. Figures were estimated to decrease down to around 9.6 yen in 2050. Geothermal energy currently only produces a small amount of energy supply in Japan.
Levelized cost of energy (LCOE) per kilowatt hour of geothermal energy in Japan in 2020 with forecasts until 2050
(in Japanese yen)
Characteristic
LCOE per kilowatt hour in Japanese yen
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*Forecast. The LCOE describe 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 geothermal energy in Japan in 2020 with forecasts until 2050 (in Japanese yen) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1240833/japan-lcoe-geothermal-energy/
Renewable Energy Institute. "Levelized cost of energy (LCOE) per kilowatt hour of geothermal energy in Japan in 2020 with forecasts until 2050 (in Japanese yen)." Chart. March 9, 2021. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1240833/japan-lcoe-geothermal-energy/
Renewable Energy Institute. (2021). Levelized cost of energy (LCOE) per kilowatt hour of geothermal energy in Japan in 2020 with forecasts until 2050 (in Japanese yen). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1240833/japan-lcoe-geothermal-energy/
Renewable Energy Institute. "Levelized Cost of Energy (Lcoe) per Kilowatt Hour of Geothermal Energy in Japan in 2020 with Forecasts until 2050 (in Japanese Yen)." Statista, Statista Inc., 9 Mar 2021, https://www.statista.com/statistics/1240833/japan-lcoe-geothermal-energy/
Renewable Energy Institute, Levelized cost of energy (LCOE) per kilowatt hour of geothermal energy in Japan in 2020 with forecasts until 2050 (in Japanese yen) Statista, https://www.statista.com/statistics/1240833/japan-lcoe-geothermal-energy/ (last visited July 22, 2024)
Levelized cost of energy (LCOE) per kilowatt hour of geothermal 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/1240833/japan-lcoe-geothermal-energy/