The levelized cost of heat (LCOH) in the state of Texas, United States, is forecast to decrease for each thermal energy technology by 2030. Gas boiler has the lowest LCOH in 2023 at 23 euros per megawatt-hour thermal, and the figure is forecast to decrease to 20 euros by 2030. Heat pumps under 100ยบ Celsius will be the second-cheapest technology by 2030.
Levelized cost of heat in Texas in the United States in 2023, with a forecast for 2030, by technology
(in euros per megawatt-hour thermal)
*Refers to solid state thermal energy storage which was commercially available as of 2023 and considers the wholesale price for cheapest hours. **No figure available for 2023.
Supplementary notes
The figure refers to generalized levelized cost of heat.
Current subsidies schemes, changes in fees and taxes, and balancing costs are not included.ย
Technologies associated with batteries include battery energy storage of 10 hours
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SYSTEMIQ. (February 28, 2024). Levelized cost of heat in Texas in the United States in 2023, with a forecast for 2030, by technology (in euros per megawatt-hour thermal) [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1534752/levelized-cost-of-heat-texas-united-states-by-technology/
SYSTEMIQ. "Levelized cost of heat in Texas in the United States in 2023, with a forecast for 2030, by technology (in euros per megawatt-hour thermal)." Chart. February 28, 2024. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1534752/levelized-cost-of-heat-texas-united-states-by-technology/
SYSTEMIQ. (2024). Levelized cost of heat in Texas in the United States in 2023, with a forecast for 2030, by technology (in euros per megawatt-hour thermal). Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1534752/levelized-cost-of-heat-texas-united-states-by-technology/
SYSTEMIQ. "Levelized Cost of Heat in Texas in The United States in 2023, with a Forecast for 2030, by Technology (in Euros per Megawatt-hour Thermal)." Statista, Statista Inc., 28 Feb 2024, https://www.statista.com/statistics/1534752/levelized-cost-of-heat-texas-united-states-by-technology/
SYSTEMIQ, Levelized cost of heat in Texas in the United States in 2023, with a forecast for 2030, by technology (in euros per megawatt-hour thermal) Statista, https://www.statista.com/statistics/1534752/levelized-cost-of-heat-texas-united-states-by-technology/ (last visited November 23, 2024)
Levelized cost of heat in Texas in the United States in 2023, with a forecast for 2030, by technology (in euros per megawatt-hour thermal) [Graph], SYSTEMIQ, February 28, 2024. [Online]. Available: https://www.statista.com/statistics/1534752/levelized-cost-of-heat-texas-united-states-by-technology/
