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Data item details
Name
Global weighted average of LCOE for utility scale PV, onshore wind and offshore wind – 2010-2024 (EUR2024/kWh)
Source
International Renewable Energy Agency.
Identifier
Reference
Figure 19
Comment
The figure is a reproduction based on the source. Cost values have been converted from USD to EUR using European Central Bank exchange rates.
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Global weighted average of LCOE for utility scale PV, onshore wind and offshore wind – 2010-2024 (EUR2024/kWh)
Last updated:
2025-11-28 18:12
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Year
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
Technology
Offshore wind
Onshore wind
PV
Fields to export
Levelized cost of electricity produced by technology [EUR2024/kWh]
Year
Technology
Levelized cost of electricity produced by technology [EUR2024/kWh]
2010
PV
0.39
2010
Offshore wind
0.19
2010
Onshore wind
0.10
2011
PV
0.32
2011
Offshore wind
0.20
2011
Onshore wind
0.10
2012
PV
0.24
2012
Offshore wind
0.17
2012
Onshore wind
0.09
2013
PV
0.18
2013
Offshore wind
0.14
2013
Onshore wind
0.09
2014
PV
0.17
2014
Offshore wind
0.18
2014
Onshore wind
0.08
2015
PV
0.12
2015
Offshore wind
0.14
2015
Onshore wind
0.07
2016
PV
0.11
2016
Offshore wind
0.12
2016
Onshore wind
0.65
2017
PV
0.09
2017
Offshore wind
0.11
2017
Onshore wind
0.06
2018
PV
0.07
2018
Offshore wind
0.10
2018
Onshore wind
0.05
2019
PV
0.06
2019
Offshore wind
0.09
2019
Onshore wind
0.04
2020
PV
0.06
2020
Offshore wind
0.08
2020
Onshore wind
0.04
2021
PV
0.05
2021
Offshore wind
0.08
2021
Onshore wind
0.03
2022
PV
0.05
2022
Offshore wind
0.07
2022
Onshore wind
0.03
2023
PV
0.04
2023
Offshore wind
0.07
2023
Onshore wind
0.03
2024
PV
0.04
2024
Offshore wind
0.07
2024
Onshore wind
0.03
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