Chart: The Cost of Energy | Statista
Numbers calculated by financial advisory Lazard as of June 2025 estimate price ranges for the generation of one MWh of energy by different sources.
Menu
Menu
Numbers calculated by financial advisory Lazard as of June 2025 estimate price ranges for the generation of one MWh of energy by different sources.
Comprehensive 2025 guide to renewable energy costs. Compare solar, wind, and clean energy pricing vs fossil fuels. Includes latest LCOE data, trends, and projections.
Lazard calculates an energy resource''s levelized cost, or LCOE, by dividing a project''s lifetime energy production by its cost. This year''s report concludes that renewables are the "most...
Solar photovoltaic module prices vs. cumulative capacity Solar photovoltaic panel prices Solar power generation The cost of 66 different technologies over time The long-term energy transition in Europe
These benchmarks help measure progress toward goals for reducing solar electricity costs and guide SETO research and development programs. Read more to find out how these cost benchmarks are
Solar, wind, and hydropower are based on the projected levelized cost of energy, which includes capital expenditures and operating costs, while natural gas, coal, and nuclear are based on
As of 2023, solar is 14% cheaper than energy produced by gas. But if we look back to 2009, solar was 433% more costly than energy generated by gas. Today, wind is the lowest cost
Globally, renewable power capacity is projected to increase almost 4 600 GW between 2025 and 2030 – double the deployment of the previous five years (2019-2024). Growth in utility-scale and distributed
The latest cost analysis from IRENA shows that renewables continued to represent the most cost-competitive source of new electricity generation in 2024.
In December 2020, IEA and OECD NEA published a joint Projected Costs of Generating Electricity study which looks at a very broad range of electricity generating technologies based on 243 power plants
PDF version includes complete article with source references. Suitable for printing and offline reading.