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Weighted average levelized cost of electricity (LCOE) for geothermal power worldwide from 2010 to 2024 (in U.S. dollars per kilowatt-hour)

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Source

Release date

July 2025

Region

Worldwide

Survey time period

2010 to 2024

Special properties

In 2023 U.S. dollars

Supplementary notes

The source did not provide the figure for 2011.
Figures have been rounded.

Citation formats

Global average LCOE of geothermal energy 2010-2024

Published by ÌÇÐÄÆƽâ°æ Research Department, Oct 7, 2025

In recent years, the levelized cost of electricity of geothermal power worldwide has remained mostly stable at an average of **** U.S. dollars per kilowatt-hour. The LCOE of geothermal energy reached the peak of the displayed period in 2012, at **** dollars per kilowatt-hour.

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