U.S. solar LCOE on the rise, says Lazard

AI Summary

Utility-scale solar photovoltaic electricity in the U.S. remains cost competitive despite an 18% year-over-year increase in unsubsidized levelized cost of electricity (LCOE). Higher capital costs, tariffs, interest rates, and supply chain pressures drive the increase, but solar still outperforms many conventional sources.

Utility-scale solar PV remains one of the lowest-cost sources of new electricity despite an 18% year-on-year increase in unsubsidized LCOE to $40–98/MWh, driven by higher capital costs, interest rates, tariffs, and supply chain pressures. Over the long term, however, utility-scale solar maintains a strong cost advantage over most conventional and alternative generation technologies. The post U.S. solar LCOE on the rise, says Lazard appeared first on pv magazine Global.