The global levelized cost of electricity (LCOE) for renewable energy technologies dropped between 2010 and 2022, making these energy sources more affordable than fossil fuels. Solar photovoltaics accounted for the greatest LCOE reduction in this period of time, at almost 90 percent.
Levelized cost of renewable electricity worldwide in 2010 and 2022, by technology
(in U.S. dollars per kilowatt-hour)
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Energy Monitor. (September 4, 2023). Levelized cost of renewable electricity worldwide in 2010 and 2022, by technology (in U.S. dollars per kilowatt-hour) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1411402/global-levelized-cost-of-electricity-by-renewable-energy-technology/
Energy Monitor. "Levelized cost of renewable electricity worldwide in 2010 and 2022, by technology (in U.S. dollars per kilowatt-hour)." Chart. September 4, 2023. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1411402/global-levelized-cost-of-electricity-by-renewable-energy-technology/
Energy Monitor. (2023). Levelized cost of renewable electricity worldwide in 2010 and 2022, by technology (in U.S. dollars per kilowatt-hour). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1411402/global-levelized-cost-of-electricity-by-renewable-energy-technology/
Energy Monitor. "Levelized Cost of Renewable Electricity Worldwide in 2010 and 2022, by Technology (in U.S. Dollars per Kilowatt-hour)." Statista, Statista Inc., 4 Sep 2023, https://www.statista.com/statistics/1411402/global-levelized-cost-of-electricity-by-renewable-energy-technology/
Energy Monitor, Levelized cost of renewable electricity worldwide in 2010 and 2022, by technology (in U.S. dollars per kilowatt-hour) Statista, https://www.statista.com/statistics/1411402/global-levelized-cost-of-electricity-by-renewable-energy-technology/ (last visited December 22, 2024)
Levelized cost of renewable electricity worldwide in 2010 and 2022, by technology (in U.S. dollars per kilowatt-hour) [Graph], Energy Monitor, September 4, 2023. [Online]. Available: https://www.statista.com/statistics/1411402/global-levelized-cost-of-electricity-by-renewable-energy-technology/
