The levelized cost of heat (LCOH) in the United Kingdom is forecast to decrease for each technology by 2030. Heat pump under 100º Celsius had one of the lowest LCOH in 2023 at 72 euros per megawatt-hour thermal, and this figure is forecast to decrease to 45 euros by 2030. Heat pumps between 100 and 180º Celsius will have the second-cheapest LCOH by 2030, with a decrease from 117 in 2023 to 68 euros per megawatt-hour thermal.
Levelized cost of heat in the United Kingdom in 2023, with a forecast for 2030, by technology
(in euros per megawatt-hour thermal)
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SYSTEMIQ. (February 28, 2024). Levelized cost of heat in the United Kingdom in 2023, with a forecast for 2030, by technology (in euros per megawatt-hour thermal) [Graph]. In Statista. Retrieved November 15, 2024, from https://www.statista.com/statistics/1534747/levelized-cost-of-heat-united-kingdom-by-technology/
SYSTEMIQ. "Levelized cost of heat in the United Kingdom in 2023, with a forecast for 2030, by technology (in euros per megawatt-hour thermal)." Chart. February 28, 2024. Statista. Accessed November 15, 2024. https://www.statista.com/statistics/1534747/levelized-cost-of-heat-united-kingdom-by-technology/
SYSTEMIQ. (2024). Levelized cost of heat in the United Kingdom in 2023, with a forecast for 2030, by technology (in euros per megawatt-hour thermal). Statista. Statista Inc.. Accessed: November 15, 2024. https://www.statista.com/statistics/1534747/levelized-cost-of-heat-united-kingdom-by-technology/
SYSTEMIQ. "Levelized Cost of Heat in The United Kingdom in 2023, with a Forecast for 2030, by Technology (in Euros per Megawatt-hour Thermal)." Statista, Statista Inc., 28 Feb 2024, https://www.statista.com/statistics/1534747/levelized-cost-of-heat-united-kingdom-by-technology/
SYSTEMIQ, Levelized cost of heat in the United Kingdom in 2023, with a forecast for 2030, by technology (in euros per megawatt-hour thermal) Statista, https://www.statista.com/statistics/1534747/levelized-cost-of-heat-united-kingdom-by-technology/ (last visited November 15, 2024)
Levelized cost of heat in the United Kingdom in 2023, with a forecast for 2030, by technology (in euros per megawatt-hour thermal) [Graph], SYSTEMIQ, February 28, 2024. [Online]. Available: https://www.statista.com/statistics/1534747/levelized-cost-of-heat-united-kingdom-by-technology/