Lazard：2025年能源平准化度电成本（LCOE）报告（英文版）（48页）.pdf

1、L E V E L I Z E D C O S T O F E N E R G Y+W I T H S U P P O R T F R O MJ u n e 2 0 2 5C O N F I D E N T I A LTable of ContentsCopyright 2025 Lazard This analysis has been prepared by Lazard for general informational and illustrative purposes only,and it is not intended to be,and should not be constr

2、ued as,financial or other advice.No part of this material may be copied,photocopied or duplicated in any form by any means or redistributed without the prior written consent of Lazard.EXECUTIVE SUMMARYENERGY GENERATIONLazards Levelized Cost of Energy AnalysisVersion 18.0ENERGY STORAGELazards Leveliz

3、ed Cost of Storage AnalysisVersion 10.0ENERGY SYSTEMCost of Firming IntermittencyAPPENDIXLCOE v18.0LCOS v10.0IIIIIIIVV35162531AAAAB617263241C O N F I D E N T I A LCopyright 2025 Lazard Executive SummaryICopyright 2025 Lazard This analysis has been prepared by Lazard for general informational and ill

4、ustrative purposes only,and it is not intended to be,and should not be construed as,financial or other advice.No part of this material may be copied,photocopied or duplicated in any form by any means or redistributed without the prior written consent of Lazard.Executive SummarySelected Key Findings

5、from Lazards 2025 LCOE+Lazards 2025 LCOE+Report is organized around three key areas:Energy Generation,Energy Storage and the Energy SystemEnergy GenerationLevelized Cost of Energy Version 18.0 Renewables Remain Competitive:On an unsubsidized$/MWh basis,renewable energy remains the most cost-competit

6、ive form of generation.As such,renewable energy will continue to play a key role in the buildout of new power generation in the U.S.This is particularly true in the current high power demand environment,where renewables stand out as both the lowest-cost and quickest-to-deploy generation resource Inc