In 2020, the levelized cost of energy (LCOE) of geothermal energy in Japan stood at 13.3 Japanese yen per kilowatt hour. Figures were estimated to decrease down to around 9.6 yen in 2050. Geothermal energy currently only produces a small amount of energy supply in Japan.
Levelized cost of energy (LCOE) per kilowatt hour of geothermal energy in Japan in 2020 with forecasts until 2050
(in Japanese yen)
*Forecast. The LCOE describe the costs that are necessary for converting energy from another form of energy into electricity. 100 Japanese yen equal 0.74 U.S. dollars or 0.70 euros as of December 2022.
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Renewable Energy Institute. (March 9, 2021). Levelized cost of energy (LCOE) per kilowatt hour of geothermal energy in Japan in 2020 with forecasts until 2050 (in Japanese yen) [Graph]. In Statista. Retrieved November 13, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1240833/japan-lcoe-geothermal-energy/
Renewable Energy Institute. "Levelized cost of energy (LCOE) per kilowatt hour of geothermal energy in Japan in 2020 with forecasts until 2050 (in Japanese yen)." Chart. March 9, 2021. Statista. Accessed November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1240833/japan-lcoe-geothermal-energy/
Renewable Energy Institute. (2021). Levelized cost of energy (LCOE) per kilowatt hour of geothermal energy in Japan in 2020 with forecasts until 2050 (in Japanese yen). Statista. Statista Inc.. Accessed: November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1240833/japan-lcoe-geothermal-energy/
Renewable Energy Institute. "Levelized Cost of Energy (Lcoe) per Kilowatt Hour of Geothermal Energy in Japan in 2020 with Forecasts until 2050 (in Japanese Yen)." Statista, Statista Inc., 9 Mar 2021, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1240833/japan-lcoe-geothermal-energy/
Renewable Energy Institute, Levelized cost of energy (LCOE) per kilowatt hour of geothermal energy in Japan in 2020 with forecasts until 2050 (in Japanese yen) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1240833/japan-lcoe-geothermal-energy/ (last visited November 13, 2024)
Levelized cost of energy (LCOE) per kilowatt hour of geothermal energy in Japan in 2020 with forecasts until 2050 (in Japanese yen) [Graph], Renewable Energy Institute, March 9, 2021. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1240833/japan-lcoe-geothermal-energy/