Estimated levelized capital costs of energy generation in the U.S. in 2022, by energy system (in U.S. dollars per megawatt hour)*

Forecast of estimated LCOE generation by energy source 2022 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 82.4 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 Thermal242
Wind - offshore157.4
Natural gas-fired conventional
combustion turbine
109.4
Biomass102.4
Advanced nuclear99.1
Natural gas-fired advanced
combustion turbine
94.7
Solar PV**85
Natural gas-fired advanced
CC with CCS
82.4
Hydro***66.2
Wind - onshore63.7
Natural gas-fired conventional
combined cycle
57.3
Natural gas-fired advanced
combined cycle
56.5
Geothermal46.5
Capital cost in U.S. dollars per megawatt hour
Solar Thermal242
Wind - offshore157.4
Natural gas-fired conventional
combustion turbine
109.4
Biomass102.4
Advanced nuclear99.1
Natural gas-fired advanced
combustion turbine
94.7
Solar PV**85
Natural gas-fired advanced
CC with CCS
82.4
Hydro***66.2
Wind - onshore63.7
Natural gas-fired conventional
combined cycle
57.3
Natural gas-fired advanced
combined cycle
56.5
Geothermal46.5
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Description Source More information
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 82.4 U.S. dollars per megawatt hour for plants entering service in 2022.
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Release date
January 2017
Region
United States
Survey time period
2016
Supplementary notes
* U.S. average levelized costs (2015 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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