Cost of Energy Technologies

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Cost of Energy Technologies ( cost-energy-technologies )

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2 Cost of Energy Technologies World Energy Council 2013 Contents 1. Introduction ............................................................................................................ 4 Technology coverage.............................................................................................................5 Introduction to the levelised cost of electricity methodology���������������������������������������������6 Data collection and the WEC network ...................................................................................7 2. Global capacity and levelised cost comparison ................................................. 8 Global LCOE ranges ............................................................................................................... 10 3. Costs by technology.............................................................................................12 Wind .................................................................................................................................... 13 Onshore wind ...................................................................................................................... 13 Core technology costs and performance ������������������������������������������������������������������������ 13 Levelised cost of onshore wind by country���������������������������������������������������������������������� 15 Policy & financing������������������������������������������������������������������������������������������������������������� 16 Offshore wind.......................................................................................................................16 Levelised cost of offshore wind by country����������������������������������������������������������������������17 Solar PV .............................................................................................................................. 18 Crystalline silicon (c-Si) PV without tracking �������������������������������������������������������������������� 19 Levelised cost of PV by region����������������������������������������������������������������������������������������� 20 Crystalline silicon (c-Si) PV with tracking.............................................................................21 Levelised cost of PV with tracking by region ������������������������������������������������������������������� 21 Thin film ���������������������������������������������������������������������������������������������������������������������������� 21 Levelised cost of PV with tracking by region ������������������������������������������������������������������� 21 Concentrated PV (CPV).......................................................................................................22 Solar thermal .......................................................................................................................22 Parabolic trough...................................................................................................................23 Levelised cost of parabolic trough by region������������������������������������������������������������������� 24 Tower and heliostat..............................................................................................................25 Levelised cost of tower and heliostat by region���������������������������������������������������������������26 Biomass and Waste.............................................................................................................26 Incineration .......................................................................................................................... 26 Landfill gas...........................................................................................................................26 Municipal solid waste...........................................................................................................26 Gasification .......................................................................................................................... 26 Levelised cost of biomass by region�������������������������������������������������������������������������������� 27 Geothermal..........................................................................................................................27 Binary ..................................................................................................................................28 Flash .................................................................................................................................... 28 Levelised cost of geothermal by region���������������������������������������������������������������������������29 Marine.................................................................................................................................. 29 Tidal ..................................................................................................................................... 30 Levelised cost of tidal electricity by region����������������������������������������������������������������������30 Wave....................................................................................................................................31 Levelised cost of wave electricity by region �������������������������������������������������������������������� 31

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