Power generation costs may favour coal more than widely believed

Bar chart: Germany's 2026 electricity cost (EUR/MWh) by source with stacked components (CAPEX, fuel, O&M, etc.), showing totals 374, 214, 120, 143, 133 EUR/MWh for Solar, Wind onshore, Gas CCGT, Hard coal, Lignite, Nuclear, with capture rates noted.

Power generation costs are typically assessed using levelised cost of electricity (LCOE) metrics, but critics argue these comparisons overlook the full costs of maintaining reliable power systems. New analysis suggests that when system-wide costs are included, coal and other dispatchable generation technologies may be more competitive than commonly assumed. Power generation costs are typically assessed through levelised cost of electricity, […]

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