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. 2019 Mar 6;10:1077. doi: 10.1038/s41467-019-08855-1

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© The Author(s) 2019

Open Access This article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license, and indicate if changes were made. The images or other third party material in this article are included in the article’s Creative Commons license, unless indicated otherwise in a credit line to the material. If material is not included in the article’s Creative Commons license and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. To view a copy of this license, visit http://creativecommons.org/licenses/by/4.0/.

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Fig. 5 — Globally averaged electricity system LCOE for the transition period from 2015 to 2050. LCOE primary levelized cost of electricity generation, LCOS levelized cost of storage, LCOC levelized cost of curtailment, LCOT levelized cost of transmission. a Breakdown by system components. b Breakdown by cost components. The energy transition leads to lower cost electricity supply. Applied financial and technical assumptions do not consider any breakthrough in efficiency or cost development, only evolutionary improvements and extending existing trends (see Supplementary Material for assumptions and results for all major regions)