Among the different sources of renewable electricity generation, concentrating solar power and bioenergy wind were the most expensive in 2024, with an average cost of *** and *** cents per kilowatt-hour, respectively. In contrast, onshore wind electricity generation cost an average of *** cents per kilowatt-hour that year.
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IRENA. (July 18, 2025). Average renewable electricity generation cost worldwide in 2024, by energy source (in U.S. cents per kilowatt-hour) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 21, 2026, from /statistics/478049/global-utility-scale-electricity-generation-cost-by-resource/
IRENA. "Average renewable electricity generation cost worldwide in 2024, by energy source (in U.S. cents per kilowatt-hour)." Chart. July 18, 2025. ÌÇÐÄÆƽâ°æ. Accessed July 21, 2026. /statistics/478049/global-utility-scale-electricity-generation-cost-by-resource/
IRENA. (2025). Average renewable electricity generation cost worldwide in 2024, by energy source (in U.S. cents per kilowatt-hour). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 21, 2026. /statistics/478049/global-utility-scale-electricity-generation-cost-by-resource/
IRENA. "Average Renewable Electricity Generation Cost Worldwide in 2024, by Energy Source (in U.S. Cents per Kilowatt-hour)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 18 Jul 2025, /statistics/478049/global-utility-scale-electricity-generation-cost-by-resource/
IRENA, Average renewable electricity generation cost worldwide in 2024, by energy source (in U.S. cents per kilowatt-hour) ÌÇÐÄÆƽâ°æ, /statistics/478049/global-utility-scale-electricity-generation-cost-by-resource/ (last visited July 21, 2026)
Average renewable electricity generation cost worldwide in 2024, by energy source (in U.S. cents per kilowatt-hour) [Graph], IRENA, July 18, 2025. [Online]. Available: /statistics/478049/global-utility-scale-electricity-generation-cost-by-resource/
