The weighted average levelised cost of electricity of utility-scale solar PV in Australia was 22% lower than the global average according to a new report published by the International Renewable Energy Agency. September 30, 2024 Patrick JowettThe globalised weighted average levelised cost of electricity (LCOE) of utility-scale solar plants stood at $0.064/kWh (USD 0.044/kWh) in 2023 with that figure reaching $0.049/kWh (USD 0.034/kWh) in Australia, according to a report from the…
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Global average solar LCOE stood at $0.064/kWh in 2023, says IRENA – pv magazine Australia
