Commodity Market Report

North America levelized cost of electricity 2023 (LCOE)

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This annual report provides analysis of power technology and generation cost trends in the United States. It includes the levelized cost of electricity (LCOE) from 2020 to 2050 of 16 key technologies: coal (with & without carbon capture), gas combined cycle (with & without carbon capture), gas peaking, geothermal, hybrid PV (fixed & tracking), nuclear small modular reactor, distributed PV (commercial & residential), standalone solar PV (fixed & tracking), battery storage, offshore wind and onshore wind. The report includes technology-level analysis for the lower 48 US states and four Canadian provinces. The detailed data and assumptions used in this report are available in its accompanying data file with an embedded interactive tool.

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    North America LCOE 2023.pdf

    PDF 336.54 KB