Global average cost for installed onshore wind projects 2010-2023

Published by Lucía Fernández, Oct 9, 2024

In 2023, the cost for onshore wind energy worldwide averaged 1,160 U.S. dollars per kilowatt, a decrease of over 12 percent in comparison to the previous year. This figure has been on a mostly downward trend since 2010, when it stood at more than 2,270 dollars per kilowatt.

Weighted average cost for installed onshore wind energy worldwide from 2010 to 2023 (in U.S. dollars per kilowatt)

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Release date

September 2024

Region

Worldwide

Survey time period

2010 to 2023

Special properties

In 2023 U.S. dollars; total installed costs

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