{"id":7316,"date":"2023-05-22T09:45:28","date_gmt":"2023-05-22T07:45:28","guid":{"rendered":"https:\/\/cubeconcepts.de\/?p=7316"},"modified":"2025-04-24T08:44:53","modified_gmt":"2025-04-24T06:44:53","slug":"pv-electricity-production-costs-in-comparison","status":"publish","type":"post","link":"https:\/\/cubeconcepts.de\/en\/pv-stromgestehungskosten-im-vergleich\/","title":{"rendered":"PV electricity generation costs in comparison"},"content":{"rendered":"<p>In general, the levelized cost of electricity (LCOE) is used to compare the costs of different energy source technologies and determine the most economical option. The decisive factors here are the investment and operating costs (including interest), the costs for fuels and CO\u2082 emissions if the electricity generation is based on the combustion of fossil fuels, as well as the service life, capacity utilization and disposal of a plant. How have the electricity generation costs for commercial PV systems changed in recent years compared to various other energy sources?<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">PV LCOE reduced by 85 % in twelve years <\/h2>\n\n\n\n<figure class=\"wp-block-image alignright size-large is-resized\"><img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/cubeconcepts.de\/wp-content\/uploads\/2023\/05\/Stromgestehungskosten-1024x650.jpg\" alt=\"\" class=\"wp-image-7390\" style=\"width:704px;height:446px\" width=\"704\" height=\"446\" srcset=\"https:\/\/cubeconcepts.de\/wp-content\/uploads\/2023\/05\/Stromgestehungskosten-1024x650.jpg 1024w, https:\/\/cubeconcepts.de\/wp-content\/uploads\/2023\/05\/Stromgestehungskosten-300x190.jpg 300w, https:\/\/cubeconcepts.de\/wp-content\/uploads\/2023\/05\/Stromgestehungskosten-768x488.jpg 768w, https:\/\/cubeconcepts.de\/wp-content\/uploads\/2023\/05\/Stromgestehungskosten.jpg 1230w\" sizes=\"(max-width: 704px) 100vw, 704px\" \/><\/figure>\n\n\n\n<p>According to the report <a href=\"https:\/\/www.irena.org\/publications\/2021\/Jun\/Renewable-Power-Costs-in-2020\" target=\"_blank\" rel=\"noreferrer noopener\">\"Renewable Power Generation Costs in 2020\"<\/a> According to the International Energy Agency (IEA), the global levelized cost of electricity for solar power fell by an average of 85 % in 2020 compared to the costs in 2010. <strong>PV LCOE<\/strong> are now lower than the costs of coal or gas-based electricity generation. For Germany, the Fraunhofer Institute comes to the following conclusion in a <a href=\"https:\/\/www.ise.fraunhofer.de\/de\/veroeffentlichungen\/studien\/studie-stromgestehungskosten-erneuerbare-energien.html\" target=\"_blank\" rel=\"noreferrer noopener\">Study<\/a> The results show similar values: according to this, the LCOE for large-scale PV systems in 2021 will be between 3.12 and 11.01 cents per kWh, whereby the range is explained by the fact that a distinction was made between different types of PV system in the calculation. The larger the system, the lower the costs per kWp and the decisive factor for the LCOE overall is whether it is realized with or without electricity storage. If the averaged LCOE for photovoltaic systems in Germany from 2011 and 2021 are compared, the costs are also 85 % lower. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Low electricity generation costs for renewable energies<\/h2>\n\n\n\n<p>With an average value of just under 6 cents per kWh, large-scale photovoltaic power plants are now on a par with onshore wind power plants, which have always been quite cheap. The latter have been able to reduce their electricity generation costs from 9 to 6 cents per kWh on average in recent years. Both studies come to the conclusion that electricity production from large <a href=\"https:\/\/cubeconcepts.de\/en\/products\/solar-parks\/\">Solar parks<\/a> is the most cost-effective option today. Apart from small private PV rooftop systems with storage or offshore wind turbines, electricity from biogas is now the most expensive electricity from renewable energies. Experts attribute the cost reductions in PV electricity generation costs mainly to technological advances and mass production. In addition, the efficiency of PV modules has increased, while the costs of production and installation have fallen. The development of innovative PV systems, such as the combination of PV systems with energy storage systems, is also helping to reduce costs. This trend is expected to continue in the coming years. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Rising electricity generation costs for fossil fuels<\/h2>\n\n\n\n<p>In general, the electricity generation costs of fossil fuels have risen in recent decades. This is partly due to the fact that some fossil fuel reserves have become more difficult to access, resulting in higher costs for extraction and exploration. In the case of gas in particular, the production costs were at times almost 30 cents per kWh due to the Russian invasion of Ukraine. Despite the current price stabilization, they still reached an annual average of over 20 cents per kWh in 2022. In addition to higher procurement costs, stricter environmental regulations are also making fossil fuels more expensive in Europe. The prices for CO\u2082 emissions continue to be successively increased by the countries and the European Union. <\/p>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/cubeconcepts.de\/en\/2022-pv-electricity-production-costs-down-by-a-further-3\/\">Latest information on PV production costs<\/a><\/div>\n<\/div>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/cubeconcepts.de\/en\/news\/uebersicht\/\">Back to overview<\/a><\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Generell dienen die Stromgestehungskosten (Levelized Cost of Electricity, LCOE) dazu, die Kosten verschiedener Energietr\u00e4ger-Technologien miteinander zu vergleichen und die wirtschaftlichste Option zu ermitteln. Die ausschlaggebenden Faktoren sind dabei die Investitions- und Betriebskosten (inkl. Zinsen), die Kosten f\u00fcr Brennstoffe und CO\u2082-Emissionen, sofern die Stromerzeugung auf der Verbrennung fossiler Brennstoffe basiert, sowie die Lebensdauer, Auslastung und Entsorgung [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":7400,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[],"class_list":["post-7316","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>PV-Stromgestehungskosten im Vergleich | CUBE CONCEPTS<\/title>\n<meta name=\"description\" content=\"Wie haben sich die PV-Stromgestehungskosten im Vergleich zu anderen Energiearten entwickelt? 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