In 2023, nuclear energy was the technology with the greatest LCOE globally, at 180 U.S. dollars per megawatt-hour. While costs for renewable energy have been on a downward trend since 2009, the data for 2023 represents an increase on 2021 values, as prices react to supply chain issues caused by the war in Ukraine.
Mean unsubsidized levelized cost of energy (LCOE) worldwide from 2009 to 2023, by source
Reflects the average high and low LCOE for each technology.
Supplementary notes
* No longer analyzed.
** Prior releases by the source divided utility-scale solar PV into thin film and crystalline subcategories. All values prior to 2023 reflect those of the solar PV-crystalline technology.
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Lazard. (April 4, 2023). Mean unsubsidized levelized cost of energy (LCOE) worldwide from 2009 to 2023, by source [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1415038/global-mean-unsubsidized-lcoe-by-source/
Lazard. "Mean unsubsidized levelized cost of energy (LCOE) worldwide from 2009 to 2023, by source." Chart. April 4, 2023. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1415038/global-mean-unsubsidized-lcoe-by-source/
Lazard. (2023). Mean unsubsidized levelized cost of energy (LCOE) worldwide from 2009 to 2023, by source. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1415038/global-mean-unsubsidized-lcoe-by-source/
Lazard. "Mean Unsubsidized Levelized Cost of Energy (Lcoe) Worldwide from 2009 to 2023, by Source." Statista, Statista Inc., 4 Apr 2023, https://www.statista.com/statistics/1415038/global-mean-unsubsidized-lcoe-by-source/
Lazard, Mean unsubsidized levelized cost of energy (LCOE) worldwide from 2009 to 2023, by source Statista, https://www.statista.com/statistics/1415038/global-mean-unsubsidized-lcoe-by-source/ (last visited December 22, 2024)
Mean unsubsidized levelized cost of energy (LCOE) worldwide from 2009 to 2023, by source [Graph], Lazard, April 4, 2023. [Online]. Available: https://www.statista.com/statistics/1415038/global-mean-unsubsidized-lcoe-by-source/
