In 2023, concentrated solar power had the highest installed costs among renewable energy technologies worldwide, at approximately 6,589 U.S. dollars per kilowatt hour. Geothermal power followed, with average installed costs of roughly 4,589 U.S. dollars per kilowatt hour.
Average installed costs of renewable energy worldwide in 2023, by technology
(in U.S. dollars per kilowatt-hour)
Characteristic
Average installed costs in U.S. dollars per kilowatt hour
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IRENA. (September 24, 2024). Average installed costs of renewable energy worldwide in 2023, by technology (in U.S. dollars per kilowatt-hour) [Graph]. In Statista. Retrieved January 08, 2025, from https://www.statista.com/statistics/1498991/global-installed-costs-of-renewables-by-type/
IRENA. "Average installed costs of renewable energy worldwide in 2023, by technology (in U.S. dollars per kilowatt-hour)." Chart. September 24, 2024. Statista. Accessed January 08, 2025. https://www.statista.com/statistics/1498991/global-installed-costs-of-renewables-by-type/
IRENA. (2024). Average installed costs of renewable energy worldwide in 2023, by technology (in U.S. dollars per kilowatt-hour). Statista. Statista Inc.. Accessed: January 08, 2025. https://www.statista.com/statistics/1498991/global-installed-costs-of-renewables-by-type/
IRENA. "Average Installed Costs of Renewable Energy Worldwide in 2023, by Technology (in U.S. Dollars per Kilowatt-hour)." Statista, Statista Inc., 24 Sep 2024, https://www.statista.com/statistics/1498991/global-installed-costs-of-renewables-by-type/
IRENA, Average installed costs of renewable energy worldwide in 2023, by technology (in U.S. dollars per kilowatt-hour) Statista, https://www.statista.com/statistics/1498991/global-installed-costs-of-renewables-by-type/ (last visited January 08, 2025)
Average installed costs of renewable energy worldwide in 2023, by technology (in U.S. dollars per kilowatt-hour) [Graph], IRENA, September 24, 2024. [Online]. Available: https://www.statista.com/statistics/1498991/global-installed-costs-of-renewables-by-type/
