In 2022, the cost of installed offshore wind energy worldwide averaged 3,461 U.S. dollars per kilowatt, a year-over-year increase of over 13 percent. This figure has been on a mostly continual downward trend since 2011, when it reached the peak of the decade at more than 5,900 dollars per kilowatt.
Weighted average cost of installed offshore wind energy worldwide from 2010 to 2022
(in U.S. dollars per kilowatt)
Characteristic
Average costs in U.S. dollars per kilowatt
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IRENA. (August 29, 2023). Weighted average cost of installed offshore wind energy worldwide from 2010 to 2022 (in U.S. dollars per kilowatt) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/506756/weighted-average-installed-cost-for-offshore-wind-power-worldwide/
IRENA. "Weighted average cost of installed offshore wind energy worldwide from 2010 to 2022 (in U.S. dollars per kilowatt)." Chart. August 29, 2023. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/506756/weighted-average-installed-cost-for-offshore-wind-power-worldwide/
IRENA. (2023). Weighted average cost of installed offshore wind energy worldwide from 2010 to 2022 (in U.S. dollars per kilowatt). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/506756/weighted-average-installed-cost-for-offshore-wind-power-worldwide/
IRENA. "Weighted Average Cost of Installed Offshore Wind Energy Worldwide from 2010 to 2022 (in U.S. Dollars per Kilowatt)." Statista, Statista Inc., 29 Aug 2023, https://www.statista.com/statistics/506756/weighted-average-installed-cost-for-offshore-wind-power-worldwide/
IRENA, Weighted average cost of installed offshore wind energy worldwide from 2010 to 2022 (in U.S. dollars per kilowatt) Statista, https://www.statista.com/statistics/506756/weighted-average-installed-cost-for-offshore-wind-power-worldwide/ (last visited August 24, 2024)
Weighted average cost of installed offshore wind energy worldwide from 2010 to 2022 (in U.S. dollars per kilowatt) [Graph], IRENA, August 29, 2023. [Online]. Available: https://www.statista.com/statistics/506756/weighted-average-installed-cost-for-offshore-wind-power-worldwide/