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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IRENA. (April 15, 2020). 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) [Graph]. In Statista. Retrieved April 26, 2024, from https://www.statista.com/statistics/1174296/lcoe-renewables-latin-america-source/
IRENA. "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)." Chart. April 15, 2020. Statista. Accessed April 26, 2024. https://www.statista.com/statistics/1174296/lcoe-renewables-latin-america-source/
IRENA. (2020). 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). Statista. Statista Inc.. Accessed: April 26, 2024. https://www.statista.com/statistics/1174296/lcoe-renewables-latin-america-source/
IRENA. "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)." Statista, Statista Inc., 15 Apr 2020, https://www.statista.com/statistics/1174296/lcoe-renewables-latin-america-source/
IRENA, 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) Statista, https://www.statista.com/statistics/1174296/lcoe-renewables-latin-america-source/ (last visited April 26, 2024)
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) [Graph], IRENA, April 15, 2020. [Online]. Available: https://www.statista.com/statistics/1174296/lcoe-renewables-latin-america-source/