Market Report

North America levelized cost of electricity (LCOE) 2023

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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.

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    North America LCOE 2023_PR.pdf

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