Lazard: Renewable power costs rising, still cheaper than gas

Utility-scale solar's levelized cost of electricity now ranges from $40 to $98 per megawatt-hour, exceeding gas-fired generation's lower bound but remaining competitive overall, according to Lazard's latest analysis.

First covered Jul 16, 2026 · 10:33 AM PT · 1 article

Coverage

8h Utility Dive Renewables remain cheapest, but their LCOE is rising: Lazard — Utility-scale solar’s levelized cost of electricity ranges between $40/MWh and $98/MWh, while combined cycle gas ranges between $51/MWh and $129/MWh, said a…

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Appeared in: 2026-07-17 (#4)

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