As of 2024, residential rooftop-mounted solar photovoltaic energy systems accounted for the largest levelized cost of energy (LCOE) worldwide. Capital cost represented over 90 percent of their LCOE, at 112 U.S. dollars per megawatt-hour. By comparison, offshore wind energy installation had the largest fixed operation and management costs, at 12 U.S. dollars per megawatt-hour, while gas peaking energy plants had the largest fuel price.
Components of the low end of levelized cost of energy worldwide in 2024, by technology
(in U.S. dollars per megawatt-hour)
Characteristic
Capital cost
Fixed O&M
Variable O&M
Fuel cost
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Lazard. (June 1, 2024). Components of the low end of levelized cost of energy worldwide in 2024, by technology (in U.S. dollars per megawatt-hour) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1475611/global-levelized-cost-of-energy-components-by-technology/
Lazard. "Components of the low end of levelized cost of energy worldwide in 2024, by technology (in U.S. dollars per megawatt-hour)." Chart. June 1, 2024. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1475611/global-levelized-cost-of-energy-components-by-technology/
Lazard. (2024). Components of the low end of levelized cost of energy worldwide in 2024, by technology (in U.S. dollars per megawatt-hour). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1475611/global-levelized-cost-of-energy-components-by-technology/
Lazard. "Components of The Low End of Levelized Cost of Energy Worldwide in 2024, by Technology (in U.S. Dollars per Megawatt-hour)." Statista, Statista Inc., 1 Jun 2024, https://www.statista.com/statistics/1475611/global-levelized-cost-of-energy-components-by-technology/
Lazard, Components of the low end of levelized cost of energy worldwide in 2024, by technology (in U.S. dollars per megawatt-hour) Statista, https://www.statista.com/statistics/1475611/global-levelized-cost-of-energy-components-by-technology/ (last visited August 24, 2024)
Components of the low end of levelized cost of energy worldwide in 2024, by technology (in U.S. dollars per megawatt-hour) [Graph], Lazard, June 1, 2024. [Online]. Available: https://www.statista.com/statistics/1475611/global-levelized-cost-of-energy-components-by-technology/