Levelized cost of electricity (LCOE) is a measure of the average cost of electricity generation for a plant during its lifetime.
Data for projects commissioned in 2018.
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Latin America: renewable energy LCOE 2018, by source
In 2018, biomass was the most cost-competitive source of renewable energy in Latin America and the Caribbean, with a levelized cost of electricity (LCOE) of **** U.S. dollars per kilowatt hour. In the other side of the spectrum, solar photovoltaic power generation had the highest cost in the region, with an LCOE of **** dollars per kilowatt hour.
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IRENA. (April 15, 2020). Levelized cost of electricity (LCOE) of renewable energy in Latin America and the Caribbean in 2018, by source (in U.S. dollars per kilowatt hour) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 22, 2026, from /statistics/1174296/lcoe-renewables-latin-america-source/
IRENA. "Levelized cost of electricity (LCOE) of renewable energy in Latin America and the Caribbean in 2018, by source (in U.S. dollars per kilowatt hour)." Chart. April 15, 2020. ÌÇÐÄÆƽâ°æ. Accessed July 22, 2026. /statistics/1174296/lcoe-renewables-latin-america-source/
IRENA. (2020). Levelized cost of electricity (LCOE) of renewable energy in Latin America and the Caribbean in 2018, by source (in U.S. dollars per kilowatt hour). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 22, 2026. /statistics/1174296/lcoe-renewables-latin-america-source/
IRENA. "Levelized Cost of Electricity (Lcoe) of Renewable Energy in Latin America and The Caribbean in 2018, by Source (in U.S. Dollars per Kilowatt Hour)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 15 Apr 2020, /statistics/1174296/lcoe-renewables-latin-america-source/
IRENA, Levelized cost of electricity (LCOE) of renewable energy in Latin America and the Caribbean in 2018, by source (in U.S. dollars per kilowatt hour) ÌÇÐÄÆƽâ°æ, /statistics/1174296/lcoe-renewables-latin-america-source/ (last visited July 22, 2026)
Levelized cost of electricity (LCOE) of renewable energy in Latin America and the Caribbean in 2018, by source (in U.S. dollars per kilowatt hour) [Graph], IRENA, April 15, 2020. [Online]. Available: /statistics/1174296/lcoe-renewables-latin-america-source/
