2020 Cost of Wind Energy Review

Technical Report · Tue Dec 28 04:00:00 EST 2021

DOI:https://doi.org/10.2172/1838135· OSTI ID:1838135

Stehly, Tyler ^[1]; Duffy, Patrick ^[1]

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1. National Renewable Energy Lab. (NREL), Golden, CO (United States)

This report uses representative utility-scale and distributed wind energy projects to estimate the levelized cost of energy (LCOE) for land-based and offshore wind power plants in the United States. Data and results detailed here are derived from 2020 commissioned plants and representative industry data as well as state-of-the-art modeling capabilities. Modeling is conducted to provide more granular detail on specific cost categories. This report represents the tenth annual installment and is intended to provide insight into current component-level costs as well as a basis for understanding variability in wind energy LCOE across the country.

• Research Organization: National Renewable Energy Laboratory (NREL), Golden, CO (United States)
• Sponsoring Organization: USDOE Office of Energy Efficiency and Renewable Energy (EERE), Renewable Power Office. Wind Energy Technologies Office
• DOE Contract Number: AC36-08GO28308
• OSTI ID: 1838135
• Report Number(s): NREL/TP-5000-81209; MainId:80984; UUID:d983e715-570e-49ff-a328-298a99c2c823; MainAdminID:63550
• Country of Publication: United States
• Language: English

Related Subjects

17 WIND ENERGY
LCOE
distributed wind
land-based wind
offshore wind
wind component costs