Thee weighted average levelized cost of electricity (LCOE) for offshore wind energy worldwide has decreased steadily in the period under consideration. The LCOE of offshore wind reached roughly 8 U.S. cents per kilowatt-hour in 2023.
Weighted average levelized cost of electricity for offshore wind worldwide from 2010 to 2023
(in U.S. dollars per kilowatt-hour)
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IRENA. (September 24, 2024). Weighted average levelized cost of electricity for offshore wind worldwide from 2010 to 2023 (in U.S. dollars per kilowatt-hour) [Graph]. In Statista. Retrieved February 09, 2025, from https://www.statista.com/statistics/1027721/weighted-average-lcoe-of-offshore-wind-worldwide/?__sso_cookie_checker=failed
IRENA. "Weighted average levelized cost of electricity for offshore wind worldwide from 2010 to 2023 (in U.S. dollars per kilowatt-hour)." Chart. September 24, 2024. Statista. Accessed February 09, 2025. https://www.statista.com/statistics/1027721/weighted-average-lcoe-of-offshore-wind-worldwide/?__sso_cookie_checker=failed
IRENA. (2024). Weighted average levelized cost of electricity for offshore wind worldwide from 2010 to 2023 (in U.S. dollars per kilowatt-hour). Statista. Statista Inc.. Accessed: February 09, 2025. https://www.statista.com/statistics/1027721/weighted-average-lcoe-of-offshore-wind-worldwide/?__sso_cookie_checker=failed
IRENA. "Weighted Average Levelized Cost of Electricity for Offshore Wind Worldwide from 2010 to 2023 (in U.S. Dollars per Kilowatt-hour)." Statista, Statista Inc., 24 Sep 2024, https://www.statista.com/statistics/1027721/weighted-average-lcoe-of-offshore-wind-worldwide/?__sso_cookie_checker=failed
IRENA, Weighted average levelized cost of electricity for offshore wind worldwide from 2010 to 2023 (in U.S. dollars per kilowatt-hour) Statista, https://www.statista.com/statistics/1027721/weighted-average-lcoe-of-offshore-wind-worldwide/?__sso_cookie_checker=failed (last visited February 09, 2025)
Weighted average levelized cost of electricity for offshore wind worldwide from 2010 to 2023 (in U.S. dollars per kilowatt-hour) [Graph], IRENA, September 24, 2024. [Online]. Available: https://www.statista.com/statistics/1027721/weighted-average-lcoe-of-offshore-wind-worldwide/?__sso_cookie_checker=failed