Latin America: renewable energy LCOE 2018, by source

Published by Lucía Fernández, Jan 25, 2023
In 2018, biomass was the most cost-competitive source of renewable energy in Latin America and the Caribbean, with a levelized cost of electricity (LCOE) of 0.05 U.S. dollars per kilowatt hour. In the other side of the spectrum, solar photovoltaic power generation had the highest cost in the region, with an LCOE of 0.11 dollars per kilowatt hour.

Levelized cost of electricity (LCOE) of renewable energy in Latin America and the Caribbean in 2018, by source (in U.S. dollars per kilowatt hour)

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Source

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Release date

April 2020

Region

LAC

Survey time period

2018

Special properties

weighted average

Supplementary notes

Levelized cost of electricity (LCOE) is a measure of the average cost of electricity generation for a plant during its lifetime.
Data for projects commissioned in 2018.

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