Open Access
Table 1
LCOE for selected generation facilities ($/MWh).
| 2021 | 2030 | 2040 | 2050 | |
|---|---|---|---|---|
| Open cycle gas turbines with fuel costs | $174.70 | $191.92 | $193.00 | $191.92 |
| Open cycle gas turbines without fuel costs | $50.88 | $45.17 | $44.09 | $43.01 |
| Large scale solar PV | $50.52 | $34.22 | $26.90 | $24.71 |
| Onshore wind | $50.14 | $44.74 | $42.53 | $40.79 |
| Offshore wind | $124.62 | $105.53 | $98.91 | $93.29 |
| Wave | $296.77 | $91.57 | $91.57 | $78.63 |
| PEM Electrolysers | $232.60 | $102.54 | $57.65 | $49.77 |
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