GenCost 2020-21: Consultation draft

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Graham, Paul ORCID ID icon; Hayward, Jenny ORCID ID icon; Foster, James ORCID ID icon; Havas, Lisa




GenCost is a collaboration between CSIRO and AEMO to deliver an annual process of updating electricity generation and storage costs with a strong emphasis on stakeholder engagement. This is the third update following the inaugural report in 2018 and a second report in 2019-20. The 2020-21 report incorporates updated current capital cost estimates commissioned by AEMO and delivered by Aurecon. Based on these updated current capital costs, projections of future changes in costs consistent with updated global electricity scenarios are also provided. Levelised costs of electricity (LCOEs) are also included and provide a simple summary of the relative competitiveness of generation technologies.


CSIRO publications repository

Electricity, technology, cost, projection

Economic Models and Forecasting; Environment and Resource Economics

Published Version (pdf) (2.34MB)

This report has been placed on the CSIRO repository and may be made available to persons outside of CSIRO for non commercial purposes, in its entirety and without deletion of disclaimers and copyright information.


Technical Report (Author)


Graham, Paul; Hayward, Jenny; Foster, James; Havas, Lisa. GenCost 2020-21: Consultation draft. CSIRO publications repository: CSIRO; 2020. csiro:EP208181.

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