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)
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 levelized cost of electricity for offshore wind worldwide from 2010 to 2023 (in U.S. dollars per kilowatt-hour) [Graph]. In Statista. Retrieved June 06, 2025, from https://www.statista.com/statistics/1027721/weighted-average-lcoe-of-offshore-wind-worldwide/
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 June 06, 2025. https://www.statista.com/statistics/1027721/weighted-average-lcoe-of-offshore-wind-worldwide/
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: June 06, 2025. https://www.statista.com/statistics/1027721/weighted-average-lcoe-of-offshore-wind-worldwide/
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/
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/ (last visited June 06, 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/