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Geothermal Power
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Geothermal, like biomass-fired electricity and hydropower, is among the cheapest forms of generation where good resources exist, with costs as low as USD 0.04/kWh for the most competitive projects.
Between 2007 and 2014, the LCOE of geothermal varied from USD 0.04/kWh for second-stage development of a field to USD 0.14/kWh for greenfield developments. Geothermal electricity generation is a mature, baseload generation technology that utilises steam or hot water from geothermally active areas to provide highly competitive electricity where high-quality resources exist. Enhanced geothermal techniques can also make geothermal viable in areas without good resources.
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Bonn Lecture Series: The True Costs of Renewables
25 January 2018 | Bonn, Germany
Up-to-date insights into the competitiveness trends of renewable power generation costs have...
Regional Workshop on Renewable Energy in Central Asia
26 April 2017 | Abu Dhabi, UAE
The International Renewable Energy Agency (IRENA) initiated a regional consultative process with the...