Onshore wind is a popular and affordable way of generating electricity globally. As of the first half of 2020, this technology was the most affordable energy-producing source in the United States, where the levelized cost of energy (LCOE) totaled around 37 U.S. dollars per megawatt generated. As of that time, Japan was still greatly relying on fossil fuel sources, as coal-generated power was the cheapest energy source.
Most affordable new bulk energy generation sources worldwide as of H1 2020, by select country (in U.S. dollars per megawatt hour)*
Country (Energy source)
Price in U.S. dollars per megawatt hour
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BloombergNEF. (April 28, 2020). Most affordable new bulk energy generation sources worldwide as of H1 2020, by select country (in U.S. dollars per megawatt hour)* [Graph]. In Statista. Retrieved July 03, 2024, from https://www.statista.com/statistics/1115270/most-affordable-energy-generation-sources-by-country-globally/
BloombergNEF. "Most affordable new bulk energy generation sources worldwide as of H1 2020, by select country (in U.S. dollars per megawatt hour)*." Chart. April 28, 2020. Statista. Accessed July 03, 2024. https://www.statista.com/statistics/1115270/most-affordable-energy-generation-sources-by-country-globally/
BloombergNEF. (2020). Most affordable new bulk energy generation sources worldwide as of H1 2020, by select country (in U.S. dollars per megawatt hour)*. Statista. Statista Inc.. Accessed: July 03, 2024. https://www.statista.com/statistics/1115270/most-affordable-energy-generation-sources-by-country-globally/
BloombergNEF. "Most Affordable New Bulk Energy Generation Sources Worldwide as of H1 2020, by Select Country (in U.S. Dollars per Megawatt Hour)*." Statista, Statista Inc., 28 Apr 2020, https://www.statista.com/statistics/1115270/most-affordable-energy-generation-sources-by-country-globally/
BloombergNEF, Most affordable new bulk energy generation sources worldwide as of H1 2020, by select country (in U.S. dollars per megawatt hour)* Statista, https://www.statista.com/statistics/1115270/most-affordable-energy-generation-sources-by-country-globally/ (last visited July 03, 2024)
Most affordable new bulk energy generation sources worldwide as of H1 2020, by select country (in U.S. dollars per megawatt hour)* [Graph], BloombergNEF, April 28, 2020. [Online]. Available: https://www.statista.com/statistics/1115270/most-affordable-energy-generation-sources-by-country-globally/