Generating electricity from solar is 21% cheaper than from domestic coal

As of 2025, solar energy is the cheapest source of electricity generation in Türkiye, with a Levelised Cost of Electricity (LCOE) of $43 USD/MWh. This is 21% cheaper than the average cost of generating electricity from existing domestic coal plants ($55 USD/MWh) and 52% cheaper than a new domestic coal plant, which is estimated at $90 USD/MWh. Over the last decade, solar installation costs in Türkiye fell by 77%, contributing to a 69% reduction in LCOE. In contrast, the average cost for domestic coal generation varies significantly based on plant efficiency and coal calorific value, ranging from $32 USD/MWh to $86 USD/MWh. Furthermore, purchase prices for wind and solar projects under recent YEKA tenders are less than half of the $75 USD/MWh provided to domestic coal power plants until 2030.

• Solar energy is the most cost-effective electricity source in Türkiye as of 2025, with its Levelised Cost of Electricity (LCOE) for new plants reaching $43 USD/MWh, representing a 69% decrease over the last ten years.
• Generating electricity from solar is 21% cheaper than from existing domestic coal plants, which have an average generation cost of $55 USD/MWh (including transport).
• New domestic coal plants are significantly more expensive than solar; a replacement 1.5 GW coal plant would have an LCOE of approximately $90 USD/MWh, more than double the cost of a new solar plant.
• Domestic coal generation costs in Türkiye vary widely based on efficiency and calorific value, with the cheapest plant costing $32 USD/MWh and the most expensive costing $86 USD/MWh.
• Purchase prices for wind and solar projects awarded in early 2025 YEKA tenders are less than half of the $75 USD/MWh incentive provided to domestic coal power plants until 2030.

APA

Ember (2025). Generating electricity from solar is 21% cheaper than from domestic coal. https://ember-energy.org/chapter/generating-electricity-from-solar-is-21-cheaper-than-from-domestic-coal/

Chicago

Ember. Generating electricity from solar is 21% cheaper than from domestic coal. 2025. https://ember-energy.org/chapter/generating-electricity-from-solar-is-21-cheaper-than-from-domestic-coal/.

Wikipedia

{{cite report |author=Ember |title=Generating electricity from solar is 21% cheaper than from domestic coal |date=21 October 2025 |url=https://ember-energy.org/chapter/generating-electricity-from-solar-is-21-cheaper-than-from-domestic-coal/ |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{ember2025generating, author = {{Ember}}, title = {{Generating electricity from solar is 21\% cheaper than from domestic coal}}, institution = {Ember}, year = {2025}, month = oct, url = {https://ember-energy.org/chapter/generating-electricity-from-solar-is-21-cheaper-than-from-domestic-coal/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }