Unprecedented Power Demand and Rising New-Build Costs Are Reinforcing the Need for a Diverse Generation Fleet and Increasing the Competitiveness of Existing Generation
NEW YORK, July 13, 2026 – Lazard, Inc. (NYSE: LAZ) today announced the release of the 19th edition of its Levelized Cost of Energy+ (LCOE+) report. Now in its 19th year, the LCOE+ remains the industry’s leading annual benchmark for the cost competitiveness of energy generation technologies. This edition arrives at a pivotal moment for the energy sector, as unprecedented power demand growth, rising new-build costs across all technologies, and intensifying focus on reliability and affordability are reshaping how industry participants, policymakers and investors think about the generation mix.
“In today’s energy landscape, the relevance of data-driven cost analysis has never been greater. The LCOE+ captures a market defined by unprecedented demand growth, rising costs across every generation technology and an intensifying focus on reliability — making objective, real-world benchmarking more critical than ever for the stakeholders, policymakers and investors shaping the industry’s future,” said George Bilicic, Vice Chairman of Investment Banking and Global Head of Power, Energy & Infrastructure, Lazard.
