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. 2019 Oct 9;10:4588. doi: 10.1038/s41467-019-12468-z

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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. 1 — Country-specific solar PV CoC and its effects on 2050 LCOE in six countries with the highest and lowest solar energy system cost as reported in Bogdanov et al. a Calculated country-specific CoC for 152 countries based on a risk-free CoC of 3.1% and risk premium according to Moody’s sovereign ratings. b Change in 2050 solar PV LCOE due to changes in the CoC. The LCOE calculation shows values for single-axis tracking solar PV systems, which is the most deployed type in Bogdanov et al. Note that we do not perform an energy system calculation but for illustrative reasons focus on the LCOE. Grid and storage infrastructure investments are similarly affected by CoC differences