The global levelized cost of electricity (LCOE) for renewable energy technologies dropped between 2010 and 2022, making these energy sources more affordable than fossil fuels. Solar photovoltaics accounted for the greatest LCOE reduction in this period of time, at almost 90 percent.
Levelized cost of renewable electricity worldwide in 2010 and 2022, by technology
(in U.S. dollars per kilowatt-hour)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Energy Monitor. (September 4, 2023). Levelized cost of renewable electricity worldwide in 2010 and 2022, by technology (in U.S. dollars per kilowatt-hour) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1411402/global-levelized-cost-of-electricity-by-renewable-energy-technology/
Energy Monitor. "Levelized cost of renewable electricity worldwide in 2010 and 2022, by technology (in U.S. dollars per kilowatt-hour)." Chart. September 4, 2023. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1411402/global-levelized-cost-of-electricity-by-renewable-energy-technology/
Energy Monitor. (2023). Levelized cost of renewable electricity worldwide in 2010 and 2022, by technology (in U.S. dollars per kilowatt-hour). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1411402/global-levelized-cost-of-electricity-by-renewable-energy-technology/
Energy Monitor. "Levelized Cost of Renewable Electricity Worldwide in 2010 and 2022, by Technology (in U.S. Dollars per Kilowatt-hour)." Statista, Statista Inc., 4 Sep 2023, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1411402/global-levelized-cost-of-electricity-by-renewable-energy-technology/
Energy Monitor, Levelized cost of renewable electricity worldwide in 2010 and 2022, by technology (in U.S. dollars per kilowatt-hour) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1411402/global-levelized-cost-of-electricity-by-renewable-energy-technology/ (last visited November 10, 2024)
Levelized cost of renewable electricity worldwide in 2010 and 2022, by technology (in U.S. dollars per kilowatt-hour) [Graph], Energy Monitor, September 4, 2023. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1411402/global-levelized-cost-of-electricity-by-renewable-energy-technology/
