Offshore wind generation cost decline forecast
RecordSTO-2EK445SZR9-3K651ZA4PK-A2V7W8
Global · 2017–2022
IEA projected offshore wind generation cost decline worldwide at 33.3% in 2017–2022.
- Publisher
- IEA
- Authority tier
- T1 Official
- Locator
- Auction prices continue to fall
- Retrieved
- 16 Sep 2026
- Status
- Verified
What the source says
Over the period 2017-22 global average generation costs are estimated to further decline by a quarter for utility-scale solar PV; by almost 15% for onshore wind; and by a third for offshore wind.
Checked: the figure 33.3% is stated in this passage. If it does not match, the extraction is wrong and we want to know.
Cite this figure
APA
International Energy Agency. (2022). Market Report Series: Renewables 2017. Retrieved September 16, 2026, from https://www.iea.org/reports/renewables-2017. Via StatOrigin, https://statorigin.org/stat/stat_2EK445SZR93K651ZA4PKA2V7W8
Other formats: MLA, Chicago, BibTeX
- MLA
- International Energy Agency. "Market Report Series: Renewables 2017." 2022, https://www.iea.org/reports/renewables-2017. Accessed 16 Sept. 2026 via StatOrigin, https://statorigin.org/stat/stat_2EK445SZR93K651ZA4PKA2V7W8.
- Chicago
- International Energy Agency. "Market Report Series: Renewables 2017." 2022. https://www.iea.org/reports/renewables-2017. Accessed September 16, 2026. Cited from StatOrigin, https://statorigin.org/stat/stat_2EK445SZR93K651ZA4PKA2V7W8.
- BibTeX
- @misc{iea2022offshorea2v7w8, author = {{International Energy Agency}}, title = {Market Report Series: Renewables 2017}, year = {2022}, howpublished = {StatOrigin, https://statorigin.org}, url = {https://statorigin.org/stat/stat_2EK445SZR93K651ZA4PKA2V7W8}, note = {Original source: https://www.iea.org/reports/renewables-2017. Accessed September 16, 2026.} }
Data published under CC BY 4.0. The citation credits the original publisher and links to this permanent record.
Provenance and verification
Everything needed to check this number yourself, without taking our word for it.
Primary source
- Publisher
- International Energy Agency · homepage ↗
- Authority tier
- Tier 1 · Multilateral Official
- Report
- Market Report Series: Renewables 2017
- Type
- Press release
- Published
- —
- Locator
- Auction prices continue to fall
- Retrieved
- 16 September 2026
- Link status
- Reachable (HTTP 200)
- Report licence
- See source
Verification
- Status
- Verified
- Review protocol
- editorial:judge-fix-v1:2026-09-27
- Checked on
- 27 September 2026
- Last revision
- 27 September 2026
- Permanent URL
- /stat/stat_2EK445SZR93K651ZA4PKA2V7W8