Publications, Reports & Research

Publications, Reports & Research

Renewable power generation costs in 2012: an overview

1st January 2013

Topic(s): Renewables, Economics

This report provides analysis of the costs and performance of renewable power generation technologies. The results are based on analysis of 8 000 medium-to-large scale commissioned or proposed renewable power generation projects from a range of data sources. The intent is to inform the debate on renewable power generation and to assist governments and private sector investors in their decision‑making.

The report highlights that renewables are increasingly becoming the most competitive option for new grid supply and swift grid extension. Where electricity systems are dominated by oil‑fired plant, cheaper—sometimes significantly cheaper—renewable generation choices are available. For off‑grid power supply, renewables are already the default economic solution.

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Renewable power generation costs in 2012: an overview

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