The Falling Costs of Renewable Energy

A comparison of the average levelized cost of utility-scale power generation, without subsidies, shows how new solar and onshore wind became less expensive than coal generation. Costs are in U.S. dollars per megawatt-hour.

Levelized cost of energy includes the cost of construction and ongoing fuel and operating costs over its lifetime.
Chart: GOVERNING, via The Conversation/CC-BY-2.0 Source: Lazard Levelized Cost of Energy Analysis 2020