In 2023, the cost of installed offshore wind energy worldwide averaged 2,800 U.S. dollars per kilowatt, a year-over-year decrease of over 600 U.S. dollars per kilowatt. This figure has been on a mostly continual downward trend since 2011, when it reached the peak of the decade at more than 6,190 dollars per kilowatt.
Weighted average cost of installed offshore wind energy worldwide from 2010 to 2023
(in U.S. dollars per kilowatt)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
IRENA. (September 24, 2024). Weighted average cost of installed offshore wind energy worldwide from 2010 to 2023 (in U.S. dollars per kilowatt) [Graph]. In Statista. Retrieved December 22, 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 2023 (in U.S. dollars per kilowatt)." Chart. September 24, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/506756/weighted-average-installed-cost-for-offshore-wind-power-worldwide/
IRENA. (2024). Weighted average cost of installed offshore wind energy worldwide from 2010 to 2023 (in U.S. dollars per kilowatt). Statista. Statista Inc.. Accessed: December 22, 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 2023 (in U.S. Dollars per Kilowatt)." Statista, Statista Inc., 24 Sep 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 2023 (in U.S. dollars per kilowatt) Statista, https://www.statista.com/statistics/506756/weighted-average-installed-cost-for-offshore-wind-power-worldwide/ (last visited December 22, 2024)
Weighted average cost of installed offshore wind energy worldwide from 2010 to 2023 (in U.S. dollars per kilowatt) [Graph], IRENA, September 24, 2024. [Online]. Available: https://www.statista.com/statistics/506756/weighted-average-installed-cost-for-offshore-wind-power-worldwide/
