BloombergNEF midpoint 2019 value | EIA average (capacity-weighted) in 2021 | Lazard 2018 ranges | |
Onshore wind | $37/MWh | $48.80/MWh | $29-56/MWh |
Natural Gas | $38/MWh | $40.50/MWh for advanced; $46.70/MWh for conventional | $41-74/MWh |
Coal | $78/MWh | N/A | $60-143/MWh |
Note: This table is for summary purposes only, and is meant to show the wide range of different results that can occur when groups are making different assumptions. Cost estimates are for new power plants only. Experts caution that different sets of LCOEs cannot be directly compared, and as we explain, there are challenges in comparing intermittent sources, such as wind, to baseload sources, including coal and natural gas. |