Amongst the different sources of renewable electricity generation, concentrating solar power and offshore wind were the most expensive in 2022, with an average cost of 11.8 and 8.1 cents per kilowatt-hour, respectively. In contrast, onshore wind electricity generation cost an average of 3.3 cents per kilowatt-hour that year.
Average renewable electricity generation cost worldwide in 2022, by energy source (in U.S. cents per kilowatt-hour)
Basic Account
Get to know the platform
You only have access to basic statistics.
This statistic is not included in your account.
Starter Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$199 USD / Month *
Professional Account
Full access
Business Solutions including all features.
* Prices do not include sales tax.
Other statistics that may interest you Global electricity
Overview
7
- Basic Statistic Global installed electricity capacity 2022, by source
- Basic Statistic Global electricity production 1990-2022
- Premium Statistic Global electricity mix 2022, by energy source
- Premium Statistic Percent change in global electricity generation 2022, by source
- Basic Statistic Global electricity consumption 1980-2022
- Basic Statistic Global electricity consumption 2022, by country
- Basic Statistic Countries with the lowest access rate to electricity 2021
Fossil fuels and nuclear
6
- Premium Statistic Global coal power generation by country 2022
- Premium Statistic Global gas power generation 2022, by country
- Basic Statistic Global capacity of proposed coal power plants by status 2014-2023
- Basic Statistic Global gas power capacity in development by country 2022
- Premium Statistic Global nuclear power production 1985-2022
- Basic Statistic Nuclear share of domestic electricity generation 2022, by select country
Renewables
5
- Premium Statistic Hydropower and renewable energy capacity worldwide 2008-2021
- Basic Statistic Renewable energy capacity 2023 by country
- Premium Statistic Largest hydropower producing countries 2022
- Premium Statistic Wind energy capacity worldwide 1998-2023
- Premium Statistic Total global solar PV capacity forecast 2015-2027
Electricity prices
4
- Basic Statistic Global household electricity prices 2023, by select country
- Basic Statistic Household electricity prices worldwide 2022, by country and component
- Basic Statistic Global industry electricity prices in select countries 2022, by component
- Premium Statistic Global renewable electricity generation price 2022, by source
Companies
7
- Premium Statistic Leading global electric utilities based on sales 2023
- Premium Statistic EDF Group's revenue FY 2007-2023
- Premium Statistic Enel SpA's revenue 2010-2023
- Basic Statistic E.ON's sales revenue FY 2004-2023
- Premium Statistic ENGIE's revenue 2013-2023
- Premium Statistic Revenue of KEPCO 2014-2022
- Premium Statistic Leading renewable energy companies worldwide 2022, by revenue
Further related statistics
15
- Electric generating capacity additions in the U.S. 2022-2030, by source
- OECD electricity generation share by resource 2017
- Global electricity generation outlook scenarios by source 2040
- Mozambique's generation of electricity by energy source 1990-2016
- U.S. construction costs of installed electric generators by technology 2017
- Australia's installed generation capacity share 2016, by energy source
- Fossil fuel electricity generation in Canada by source 2010-2015
- Tanzania's generation of electricity by energy source 1990-2016
- Generation of electricity in Poland 1990-2022, by fuel type
- Share of primary energy fix forecast in China in 2035 and 2050, by source
- Fuel share for electricity generation in China 2017, by source
- Fuel share for electricity generation forecast in Indonesia 2027, by source
- Residential utility rates in regulated and deregulated U.S. states 2018
- Electricity generation in Greenland 2010-2021, by source
- Energy related environmental tax paid by agriculture industry Australia FY 2008-2017
Further Content: You might find this interesting as well
Statistics
- Electric generating capacity additions in the U.S. 2022-2030, by source
- OECD electricity generation share by resource 2017
- Global electricity generation outlook scenarios by source 2040
- Mozambique's generation of electricity by energy source 1990-2016
- U.S. construction costs of installed electric generators by technology 2017
- Australia's installed generation capacity share 2016, by energy source
- Fossil fuel electricity generation in Canada by source 2010-2015
- Tanzania's generation of electricity by energy source 1990-2016
- Generation of electricity in Poland 1990-2022, by fuel type
- Share of primary energy fix forecast in China in 2035 and 2050, by source
- Fuel share for electricity generation in China 2017, by source
- Fuel share for electricity generation forecast in Indonesia 2027, by source
- Residential utility rates in regulated and deregulated U.S. states 2018
- Electricity generation in Greenland 2010-2021, by source
- Energy related environmental tax paid by agriculture industry Australia FY 2008-2017
Topics
Global energy pricesIRENA. (August 29, 2023). Average renewable electricity generation cost worldwide in 2022, by energy source (in U.S. cents per kilowatt-hour) [Graph]. In Statista. Retrieved May 04, 2024, from https://www.statista.com/statistics/478049/global-utility-scale-electricity-generation-cost-by-resource/
IRENA. "Average renewable electricity generation cost worldwide in 2022, by energy source (in U.S. cents per kilowatt-hour)." Chart. August 29, 2023. Statista. Accessed May 04, 2024. https://www.statista.com/statistics/478049/global-utility-scale-electricity-generation-cost-by-resource/
IRENA. (2023). Average renewable electricity generation cost worldwide in 2022, by energy source (in U.S. cents per kilowatt-hour). Statista. Statista Inc.. Accessed: May 04, 2024. https://www.statista.com/statistics/478049/global-utility-scale-electricity-generation-cost-by-resource/
IRENA. "Average Renewable Electricity Generation Cost Worldwide in 2022, by Energy Source (in U.S. Cents per Kilowatt-hour)." Statista, Statista Inc., 29 Aug 2023, https://www.statista.com/statistics/478049/global-utility-scale-electricity-generation-cost-by-resource/
IRENA, Average renewable electricity generation cost worldwide in 2022, by energy source (in U.S. cents per kilowatt-hour) Statista, https://www.statista.com/statistics/478049/global-utility-scale-electricity-generation-cost-by-resource/ (last visited May 04, 2024)
Average renewable electricity generation cost worldwide in 2022, by energy source (in U.S. cents per kilowatt-hour) [Graph], IRENA, August 29, 2023. [Online]. Available: https://www.statista.com/statistics/478049/global-utility-scale-electricity-generation-cost-by-resource/