Lazard Inc. has released the 18th edition of its Levelized Cost of Energy+ (LCOE+) report, providing a comprehensive analysis of the cost competitiveness of various energy generation technologies. The report highlights that utility-scale solar and onshore wind energy remain the most cost-effective new-build energy generation methods in the U.S., maintaining their status as the lowest-cost generation sources for the past decade. Despite challenges such as technological limitations and infrastructure investment hurdles, renewable energy continues to expand, now accounting for over 20% of the U.S. electricity system. The report also notes a resurgence in gas generation projects, driven by tightening capacity markets, despite higher costs. Lazard's LCOE+ report serves as a critical resource for industry stakeholders, offering data-driven insights into the evolving energy landscape.
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