Between 2010 and 2023, the average installed cost for geothermal energy worldwide ranged between roughly 3,000 and 6,100 U.S. dollars per kilowatt, peaking at 6,112 U.S. dollars per kilowatt in 2012. In 2023, the average installed cost of geothermal systems stood at 4,589 U.S. dollars per kilowatt.
Average installed cost for geothermal energy worldwide from 2010 to 2023
(in U.S. dollars per kilowatt)
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IRENA. (September 24, 2024). Average installed cost for geothermal energy worldwide from 2010 to 2023 (in U.S. dollars per kilowatt) [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1027751/global-geothermal-power-installation-cost-per-kilowatt/
IRENA. "Average installed cost for geothermal energy worldwide from 2010 to 2023 (in U.S. dollars per kilowatt)." Chart. September 24, 2024. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1027751/global-geothermal-power-installation-cost-per-kilowatt/
IRENA. (2024). Average installed cost for geothermal energy worldwide from 2010 to 2023 (in U.S. dollars per kilowatt). Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1027751/global-geothermal-power-installation-cost-per-kilowatt/
IRENA. "Average Installed Cost for Geothermal Energy Worldwide from 2010 to 2023 (in U.S. Dollars per Kilowatt)." Statista, Statista Inc., 24 Sep 2024, https://www.statista.com/statistics/1027751/global-geothermal-power-installation-cost-per-kilowatt/
IRENA, Average installed cost for geothermal energy worldwide from 2010 to 2023 (in U.S. dollars per kilowatt) Statista, https://www.statista.com/statistics/1027751/global-geothermal-power-installation-cost-per-kilowatt/ (last visited December 23, 2024)
Average installed cost for geothermal energy worldwide from 2010 to 2023 (in U.S. dollars per kilowatt) [Graph], IRENA, September 24, 2024. [Online]. Available: https://www.statista.com/statistics/1027751/global-geothermal-power-installation-cost-per-kilowatt/