In 2020, offshore wind had the highest levelized cost of energy (LCOE), reaching 30 Japanese yen per kilowatt hour. The LCOE describes the costs that are necessary for converting energy from another form of energy into electricity.
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Levelized cost of energy (LCOE) per kilowatt hour of major power generation technologies in Japan in 2020, by type
(in Japanese yen)
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METI (Japan). (December 28, 2021). Levelized cost of energy (LCOE) per kilowatt hour of major power generation technologies in Japan in 2020, by type (in Japanese yen) [Graph]. In Statista. Retrieved July 01, 2025, from https://www.statista.com/statistics/1240806/japan-lcoe-power-generation-technologies-by-type/
METI (Japan). "Levelized cost of energy (LCOE) per kilowatt hour of major power generation technologies in Japan in 2020, by type (in Japanese yen)." Chart. December 28, 2021. Statista. Accessed July 01, 2025. https://www.statista.com/statistics/1240806/japan-lcoe-power-generation-technologies-by-type/
METI (Japan). (2021). Levelized cost of energy (LCOE) per kilowatt hour of major power generation technologies in Japan in 2020, by type (in Japanese yen). Statista. Statista Inc.. Accessed: July 01, 2025. https://www.statista.com/statistics/1240806/japan-lcoe-power-generation-technologies-by-type/
METI (Japan). "Levelized Cost of Energy (Lcoe) per Kilowatt Hour of Major Power Generation Technologies in Japan in 2020, by Type (in Japanese Yen)." Statista, Statista Inc., 28 Dec 2021, https://www.statista.com/statistics/1240806/japan-lcoe-power-generation-technologies-by-type/
METI (Japan), Levelized cost of energy (LCOE) per kilowatt hour of major power generation technologies in Japan in 2020, by type (in Japanese yen) Statista, https://www.statista.com/statistics/1240806/japan-lcoe-power-generation-technologies-by-type/ (last visited July 01, 2025)
Levelized cost of energy (LCOE) per kilowatt hour of major power generation technologies in Japan in 2020, by type (in Japanese yen) [Graph], METI (Japan), December 28, 2021. [Online]. Available: https://www.statista.com/statistics/1240806/japan-lcoe-power-generation-technologies-by-type/
