Renewable Power Generation Costs in 2014
    Renewable Power Generation Costs in 2014

    Click here to download.


    The competitiveness of renewable power generation technologies continued improving in 2013 and 2014, reaching historic levels. Biomass for power, hydropower, geothermal and onshore wind can all provide electricity competitively against fossil fuel-fired power generation. Solar photovoltaic (PV) power has also become increasingly competitive, with its levelised cost of electricity (LCOE) at utility scale falling by half in four years.

    Renewable Power Generation Costs in 2014 aims to reduce uncertainty about the true costs of renewable power generation technologies, so that governments can be more ambitious and efficient in their policy support for renewables. As this comprehensive report from the International Renewable Energy Agency (IRENA) underlines, perceptions that such technologies are expensive or uncompetitive are outdated, at best.

    Full report

    Executive Summary

    The report follows from IRENA’s first major costing study, Renewable Power Generation Costs in 2012.

    For more of IRENA's ongoing renewable energy cost analysis, see

    Download individual chapters here:

    Unable to open the file?: Right click the link and select "Save target as."

    Copyright © 2016 IRENA - International Renewable Energy Agency. All Rights Reserved.