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Commodity Market Report

Europe levelised cost of electricity 2022 (LCOE): Sensitivity analysis report

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10 February 2023

Europe levelised cost of electricity 2022 (LCOE): Sensitivity analysis report

Report summary

This report provides an analysis and outlook to 2050 for power technology and generation cost trends in Europe. It includes levelised cost of electricity (LCOE) data covering 16 key technologies, including coal, gas combined cycle, carbon capture and storage for coal and gas, gas peaker, gas engine, onshore wind, offshore wind, utility-scale solar (with and without tracker), nuclear, battery storage, solar hybrid (with and without tracker), and distributed solar technologies. This annual power and renewables system costs and LCOE report for Europe provides technology-level analysis for 14 countries: Germany, France, United Kingdom, Italy, Spain, Belgium, Denmark, Finland, Norway, Netherlands, Portugal, Poland, Greece and Sweden. It examines competition between renewable power, fossil fuel power, nuclear power and energy storage in each country and highlights critical inflexion points in the cost trajectory.

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What's included

This report contains:

  • Document

    Europe LCOE - Sensitivity analysis report_PR.pdf

    PDF 2.58 MB

  • Document

    Europe LCOE - Sensitivity analysis report_Data.xlsx

    XLSX 12.97 MB