Forecast: LCOE generation costs in the UK 2016

This statistic shows the estimated levelized costs for renewable energy sources in the United Kingdom (UK) from 2016 to 2030. The levelized costs for Solar PV are expected to fall from 80 British pounds per megawatt hour in 2016 to 60 British pounds per megawatt hour by 2030.

Estimated levelized costs of renewable electricity generation in the UK from 2016 to 2030, by energy source (in British pounds per megawatt-hour)*

Characteristic	Biomass conversion	Offshore wind	Large scale Solar PV	Onshore wind
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Release date

November 2016

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Region

United Kingdom

Survey time period

2016 to 2030

Supplementary notes

*The Levelized Cost of Electricity Generation is the discounted lifetime cost ofownership and use of a generation asset, converted into an equivalent unit of cost of generation in £/MWh.

Figures use data from the central range forecast, rather than the high or low estimates.
This statistic using original data from the Department for Business, Energy and Industrial Strategy and includes copyright material licensed under © Crown, the Open Government License v3.0

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