Fossil Fuels & Nuclear Energy

A reprise of the graph at the top of the page, but in $ / MWh instead of ¢ / kWh.

     To convert $/MW-hour above to ¢/kW-hour, divide by 10.  Solar and wind are both about 4¢/kWh, gas about 5.5.

    Note how falling prices for wind and solar drive their adoption.  See the two graphs above about adoption.

*The graph at the top of the page also includes 2020

     Lazard’s 2020 unsubsidized US electric generation costs for renewable (top) and traditional (fossil & nuke) technologies.  See PDF below.  Lazard’s charts are also on the Coal, Oil, Gas, Nuke page.
    2017 and 2014 versions are below the 2020 version.

     Capital + operating costs of renewables – versus –  operating costs only of non-renewables

Lazard’s 2017 unsubsidized US electric generation costs for renewable (top) and traditional (fossil & nuke) technologies.  See PDF below.  Lazard’s charts are also on the Coal, Oil, Gas, Nuke page.

    Levelized US Costs of New Electric Energy - Lazard 1214 - PDF, 20 pp.  The chart below is taken from a later edition of this study.  It includes more detailed charts and tables, plus the footnotes to the chart above.  Solar is decisively cheaper than gas or diesel peaking generators in the US, Australia, Brazil, India, South Africa, Japan, and northern Europe.