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Wind turbine price vs Renewable share of electricity generation

In 2023, wind turbine price worldwide was 0.8 million USD per MW; renewable share of electricity generation was 30%.

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Global, annual figures, spaced by time . Different units, drawn on separate scales . Read the values, not the heights.

Wind turbine price

Unit: million USD per MW · 2 observations

Line chart
Wind turbine priceWind turbine price. 2 observations from 2015 to 2023, ranging from 0.8 million USD per MW to 1.03 million USD per MW. Latest value 0.8 million USD per MW (2023). million USD per MW 0 0.3 0.6 0.9 1.2 2015 2019 2023 2027 2031 2035 2039 1.03 0.8
Wind turbine priceWind turbine price. 2 observations from 2015 to 2023, ranging from 0.8 million USD per MW to 1.03 million USD per MW. Latest value 0.8 million USD per MW (2023). million USD per MW 0 0.3 0.6 0.9 1.2 2015 2019 2023 2027 2031 2035 2039 1.03 0.8
Wind turbine priceWind turbine price. 2 observations from 2015 to 2023, ranging from 0.8 million USD per MW to 1.03 million USD per MW. Latest value 0.8 million USD per MW (2023). million USD per MW 0 0.3 0.6 0.9 1.2 2015 2019 2023 2027 2031 2035 2039 1.03 0.8
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Wind turbine price
Period Type Value
2015 Actual 1.03 million USD per MW
2023 Actual 0.8 million USD per MW
Source: IEA · CC BY 4.0 · Full series

Renewable share of electricity generation

Unit: % · 9 observations

Line chart

Forecast: dashed line, hollow markers, shaded band No figure published for these periods

Renewable share of electricity generationRenewable share of electricity generation. 9 observations from 2016 to 2040, ranging from 24% to 40%, of which 5 are forecasts. Latest value 40% (2040). % 0 10 20 30 40 2015 2019 2023 2027 2031 2035 2039 40%
Renewable share of electricity generationRenewable share of electricity generation. 9 observations from 2016 to 2040, ranging from 24% to 40%, of which 5 are forecasts. Latest value 40% (2040). % 0 10 20 30 40 2015 2019 2023 2027 2031 2035 2039 40%
Renewable share of electricity generationRenewable share of electricity generation. 9 observations from 2016 to 2040, ranging from 24% to 40%, of which 5 are forecasts. Latest value 40% (2040). % 0 10 20 30 40 2015 2019 2023 2027 2031 2035 2039 40%
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Renewable share of electricity generation
Period Type Value
2016 Actual 24%
2018 Actual 25%
2020 Forecast 28%
2021 Forecast 29%
2022 Forecast 30%
2023 Actual 30%
2025 Actual 33%
2027 Forecast 37%
2040 Forecast 40%
Source: IEA · CC BY 4.0 · Full series

Shared periods

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Only one period is published for both series as annual figures on the same basis. Comparing anything else would mean comparing different periods.

Period Wind turbine price Renewable share of electricity generation
2023 0.8 million USD per MW IEA 30% IEA

Provenance

Where these numbers come from

Wind turbine price

The average price of wind turbines per unit of capacity.

2 observations charted in Global · source organisations: IEA

Renewable share of electricity generation

Renewable sources' share of total electricity generation.

9 observations charted in Global · source organisations: IEA

Data published under CC BY 4.0. Series A as JSON · Series B as JSON

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