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Supply Chain Graphic of the Week: Cost of Electricity by Fuel Type

Two Renewable Sources Deliver the Lowest Global Costs, Bloomberg Finds


Nov. 30, 2023


What is the cost to produce electricity by various fuel types, rewewable and not?


That is an interestimg and important question.


Recently. the folks at Bloomberg NEF researched that question, producing data that the Wall Street 

Journal turned into the chart that can be seen below:



Source: Wall Street Journal


As can be seen, two renewables - a type of solar and on-shore wind - deliver the lowest average global costs, while the most expensive is natural gas, with costs for gas about twice as much per megawatt hour as the renewables.


Any Feedback on our Supply Chan graphic of the Week? Let us know your thoughts at the Feedback section below.


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