![Levelized Cost of Electricity: Renewables Clearly Superior to Conventional Power Plants Due to Rising CO2 Prices - Fraunhofer ISE Levelized Cost of Electricity: Renewables Clearly Superior to Conventional Power Plants Due to Rising CO2 Prices - Fraunhofer ISE](https://www.ise.fraunhofer.de/en/press-media/press-releases/2021/levelized-cost-of-electricity-renewables-clearly-superior-to-conventional-power-plants-due-to-rising-co2-prices/jcr:content/fixedContent/pressArticleParsys/wideimage_copy_copy_/imageComponent/image.img.jpg/1624347260459/LCOE2021-Graph-3-web.jpg)
Levelized Cost of Electricity: Renewables Clearly Superior to Conventional Power Plants Due to Rising CO2 Prices - Fraunhofer ISE
![The average cost of electricity declined 26% year-on-year for concentrated solar power (CSP) – HELIOSCSP The average cost of electricity declined 26% year-on-year for concentrated solar power (CSP) – HELIOSCSP](https://www.irena.org/-/media/Images/IRENA/Agency/Press-Release/2019/May/Anticipated-falling-costs.jpg?la=en&hash=AD001C4B60B4DA8CA4A5DFCEB0ACB3F6CF1E2352)
The average cost of electricity declined 26% year-on-year for concentrated solar power (CSP) – HELIOSCSP
![Sunny places could see average solar prices of $0.01 or $0.02 per kilowatt-hour within 15 years – pv magazine USA Sunny places could see average solar prices of $0.01 or $0.02 per kilowatt-hour within 15 years – pv magazine USA](https://pv-magazine-usa.com/wp-content/uploads/sites/2/2020/05/Solar-Costs-Are-Decades-Ahead-of-Forecasts-2010-2020-Actual-vs-Forecasts-to-2050-2-800x471-600x353.jpg)
Sunny places could see average solar prices of $0.01 or $0.02 per kilowatt-hour within 15 years – pv magazine USA
![Levelized Cost of Electricity: Renewables Clearly Superior to Conventional Power Plants Due to Rising CO2 Prices - Fraunhofer ISE Levelized Cost of Electricity: Renewables Clearly Superior to Conventional Power Plants Due to Rising CO2 Prices - Fraunhofer ISE](https://www.ise.fraunhofer.de/en/press-media/press-releases/2021/levelized-cost-of-electricity-renewables-clearly-superior-to-conventional-power-plants-due-to-rising-co2-prices/jcr:content/fixedContent/pressArticleParsys/wideimage_copy/imageComponent/image.img.jpg/1624347097444/LCOE2021-Graph-1-web.jpg)