Energy Aperture

Value chain · CLM-0260

In plain terms

A U.S. government-linked cost model (formerly NREL, now called the National Laboratory of the Rockies) estimates that plain utility-scale solar power could cost between about 14 and 56 US dollars per megawatt-hour by 2030-2050, depending how fast costs fall and how good the sunlight is at the site. Adding four hours of battery storage to smooth output raises this to about 25-113 dollars per megawatt-hour. These figures do not include the cost of storage large enough to cover a full day or night, so they are not a "24-hour power" cost.

The claim as recorded

NREL/NLR 2025 ATB projects U.S. utility-scale solar PV LCOE of 14-56 USD/MWh (2023 real) across its Conservative/Moderate/Advanced cost cases and 10 resource classes for 2030-2050; adding 4-hour battery storage raises this to 25-113 USD/MWh over the same span.

T3 government or agency report · high confidence · as of 2025 · VER-160 CONFIRMED 2026-09-03 · XC02

Scope and limits

US-only; unsubsidised basis, so not directly comparable to a subsidy-inclusive terrestrial figure without adjustment; PV+battery figure is NOT a full firm/baseload figure, only 4-hour storage; range spans resource-quality classes as well as cost-case scenarios, so is wider than a single-site estimate would be.

What it assumes

capacity factor 20.6-35.2% (utility PV, rising over time, Moderate case); WACC 5.63% nominal / 3.06% real; 30-year cost recovery period; unsubsidised (Without Tax Credits case); no stated system scale (generic utility-scale plant).

Where it comes from

SRC-145 Annual Technology Baseline 2025, electricity edition., 2025
Summary_LCOE sheet, UtilityPV Moderate 2030 range 29.27-46.04; UtilityPV Advanced 2050 range 13.85-22.03; Utility-Scale PV-Plus-Battery Conservative 2030 range 74.14-112.60.

Basis: USD2023, REAL, UNFIRMED (utility PV) / PARTIALLY FIRMED (PV+battery, 4-hour onsite storage only, not capacity-accredited)

Related records
Answers question
QST-021 not published in this release

Cite this

energyaperture.com/c/clm-0260

CLM-0260, Energy Aperture, as of 2025.

Connected records

Other published records linked to this one. A list, not a judgement.

Also from SRC-145
CLM-0261The same U.S. cost model estimates onshore wind power at roughly 16-73 US dollars per megawatt-hour by 2030-2050, and offshore wind at a...
CLM-0469The same U.S. cost model puts new nuclear power at roughly 49-137 US dollars per megawatt-hour and geothermal power at roughly 41-149...
CLM-0543The US national energy laboratory's 2025 projections have the cost of a four-hour grid battery falling by 2050 in every case it models, to...