Levelized capital costs of electricity generation in the U.S. 2028, by source

Estimated levelized capital costs of electricity for new power plants in the United States with operation start in 2028, by energy source

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Source

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Release date

March 2023

Region

United States

Survey time period

2022

Special properties

Unweighted average levelized costs in 2022 U.S. dollars

Supplementary notes

* According to the source, hydroelectric and hybrid solar PV generating assets are assumed have seasonal and diurnal storage, respectively, so that they can be dispatched within a season or a day, but overall operation is limited by resource availability by site and season for hydroelectric and by daytime for hybrid solar PV.
** Technology is assumed to be photovoltaic (PV) with single-axis tracking. The solar hybrid system is a single-axis PV system coupled with a four-hour battery storage system. Costs are expressed in terms of net AC power available to the grid for the installed capacity.

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