In 2024, the cost of installed offshore wind energy worldwide averaged U.S. dollars per kilowatt, a year-over-year decrease of over ** U.S. dollars per kilowatt. This figure has been on a mostly continual downward trend since 2011, when it reached the peak of the decade at more than dollars per kilowatt.
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IRENA. (July 18, 2025). Weighted average cost of installed offshore wind energy worldwide from 2010 to 2024 (in U.S. dollars per kilowatt) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 27, 2026, from /statistics/506756/weighted-average-installed-cost-for-offshore-wind-power-worldwide/
IRENA. "Weighted average cost of installed offshore wind energy worldwide from 2010 to 2024 (in U.S. dollars per kilowatt)." Chart. July 18, 2025. ÌÇÐÄÆÆ½â°æ. Accessed July 27, 2026. /statistics/506756/weighted-average-installed-cost-for-offshore-wind-power-worldwide/
IRENA. (2025). Weighted average cost of installed offshore wind energy worldwide from 2010 to 2024 (in U.S. dollars per kilowatt). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 27, 2026. /statistics/506756/weighted-average-installed-cost-for-offshore-wind-power-worldwide/
IRENA. "Weighted Average Cost of Installed Offshore Wind Energy Worldwide from 2010 to 2024 (in U.S. Dollars per Kilowatt)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 18 Jul 2025, /statistics/506756/weighted-average-installed-cost-for-offshore-wind-power-worldwide/
IRENA, Weighted average cost of installed offshore wind energy worldwide from 2010 to 2024 (in U.S. dollars per kilowatt) ÌÇÐÄÆÆ½â°æ, /statistics/506756/weighted-average-installed-cost-for-offshore-wind-power-worldwide/ (last visited July 27, 2026)
Weighted average cost of installed offshore wind energy worldwide from 2010 to 2024 (in U.S. dollars per kilowatt) [Graph], IRENA, July 18, 2025. [Online]. Available: /statistics/506756/weighted-average-installed-cost-for-offshore-wind-power-worldwide/