Asia Pacific levelised cost of electricity (LCOE) 2025 report

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 32 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.