This statistic shows the estimated levelized capital costs for each energy system after its implementation in the United States in 2022. The levelized capital costs for natural gas-fired advanced CC with carbon control and sequestration (CCS) plants are estimated to stand at 74.9 U.S. dollars per megawatt hour for plants entering service in 2022.
- Energy & Environmental Services›
Forecast of estimated LCOE generation by energy source 2022
Estimated levelized capital costs of energy generation in the U.S. in 2022, by energy system (in U.S. dollars per megawatt hour)*
This statistic shows the estimated levelized capital costs for each energy system after its implementation in the United States in 2022. The levelized capital costs for natural gas-fired advanced CC with carbon control and sequestration (CCS) plants are estimated to stand at 74.9 U.S. dollars per megawatt hour for plants entering service in 2022.
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| Capital cost in U.S. dollars per megawatt hour | |
|---|---|
| Solar Thermal | 165.1 |
| Wind - offshore | 138 |
| Natural gas-fired conventional combustion turbine | 98.7 |
| Biomass | 95.3 |
| Advanced nuclear | 92.6 |
| Natural gas-fired advanced combustion turbine | 85.1 |
| Natural gas-fired advanced CC with CCS | 74.9 |
| Solar PV** | 63.2 |
| Hydro*** | 61.7 |
| Wind - onshore | 59.1 |
| Natural gas-fired conventional combined cycle | 50.1 |
| Natural gas-fired advanced combined cycle | 49 |
| Geothermal | 44.6 |
| Capital cost in U.S. dollars per megawatt hour | |
|---|---|
| Solar Thermal | 165.1 |
| Wind - offshore | 138 |
| Natural gas-fired conventional combustion turbine | 98.7 |
| Biomass | 95.3 |
| Advanced nuclear | 92.6 |
| Natural gas-fired advanced combustion turbine | 85.1 |
| Natural gas-fired advanced CC with CCS | 74.9 |
| Solar PV** | 63.2 |
| Hydro*** | 61.7 |
| Wind - onshore | 59.1 |
| Natural gas-fired conventional combined cycle | 50.1 |
| Natural gas-fired advanced combined cycle | 49 |
| Geothermal | 44.6 |
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This statistic shows the estimated levelized capital costs for each energy system after its implementation in the United States in 2022. The levelized capital costs for natural gas-fired advanced CC with carbon control and sequestration (CCS) plants are estimated to stand at 74.9 U.S. dollars per megawatt hour for plants entering service in 2022.
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- Release date
- March 2018
- Region
- United States
- Survey time period
- 2017
- Supplementary notes
-
* U.S. average levelized costs (2016 U.S. dollars per megawatt hour) for plants entering service in 2022, based on simple average of regional values.
** Costs are expressed in terms of net AC power available to the grid for the installed capacity.
*** According to the source, hydro is assumed to have seasonal storage so that it can be dispatched within a season, but overall operation is limited by resources available by site and season.
The abbreviation IGCC stands for integrated coal gasification combined cycle.
The abbreviation CCS stands for carbon capture and sequestration.
The abbreviation CC stands for combined cycle.
The abbreviation PV stands for photovoltaics.
The abbreviation EIA stands for U.S. Energy Information Administration.
More information
- Region
- United States
- Survey time period
- 2017
- Supplementary notes
-
* U.S. average levelized costs (2016 U.S. dollars per megawatt hour) for plants entering service in 2022, based on simple average of regional values.
** Costs are expressed in terms of net AC power available to the grid for the installed capacity.
*** According to the source, hydro is assumed to have seasonal storage so that it can be dispatched within a season, but overall operation is limited by resources available by site and season.
The abbreviation IGCC stands for integrated coal gasification combined cycle.
The abbreviation CCS stands for carbon capture and sequestration.
The abbreviation CC stands for combined cycle.
The abbreviation PV stands for photovoltaics.
The abbreviation EIA stands for U.S. Energy Information Administration.
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