Onshore wind generation cost decline forecast

STO-REC-STATJJHYKKT1 Official
15%
estimate

Global · 2017–2022

Onshore wind generation cost decline forecast worldwide came in at 15% in 2017–2022 (IEA).

Original source
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.

Verbatim extraction verified: The figure 15% is directly attested in the quoted passage (Auction prices continue to fall).

The figure above was extracted from this passage. If it does not match, the extraction is wrong and we want to know.

Cite this figure

Published under CC BY 4.0. Attribute the original publisher; the citations below do that for you and link to this permanent record.

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_JJHYKKF3R9D6NNAEQXZV8GKN8C
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_JJHYKKF3R9D6NNAEQXZV8GKN8C.
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_JJHYKKF3R9D6NNAEQXZV8GKN8C.
BibTeX
@misc{iea2022onshore8gkn8c, author = {{International Energy Agency}}, title = {Market Report Series: Renewables 2017}, year = {2022}, howpublished = {StatOrigin, https://statorigin.org}, url = {https://statorigin.org/stat/stat_JJHYKKF3R9D6NNAEQXZV8GKN8C}, note = {Original source: https://www.iea.org/reports/renewables-2017. Accessed September 16, 2026.} }

Provenance and verification

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Chain of Custody · Verification Audit
Record: STO-REC-STATJJHYKK T1 Official

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 & Integrity

Audit status
Verified
Review protocol
Editorial review
Checked on
17 September 2026
Last revision
17 September 2026
Archival URI
/stat/stat_JJHYKKF3R9D6NNAEQXZV8GKN8C