Market Report

Asia Pacific levelised cost of electricity (LCOE) 2024

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This report presents the findings of our latest analysis on the development of the levelised cost of electricity (LCOE) across the Asia Pacific (APAC) region, with projections extended to 2060 under low, base case and high scenarios. It provides a comprehensive commentary on the competitiveness of 27 technologies, assessing their viability in each market. Our analysis encompasses 15 key markets divided into two segments, the first being China and the rest of APAC, comprising 14 major markets: Australia, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan Region, Thailand, Vietnam, Pakistan, Bangladesh and New Zealand. Each market is modelled by region and specific zones (states) to effectively capture localised dynamics.

The Excel data file accompanying this report is available through a Wood Mackenzie subscription. Please click the "Contact us" link above for more information.

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  • Document

    APAC LCOE 2024_PR.pdf

    PDF 4.08 MB