2018 Cost of Wind Energy Review

Tyler Stehly, Philipp Beiter

Research output: NRELTechnical Report


This report uses representative utility-scale 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 2018 commissioned plants. Analysis detailed here relies on recent market data and state-of-the-art modeling capabilities to maintain an up-to-date understanding of wind energy cost trends and drivers. This report represents the eighth annual installment and is intended to provide insight into current component-level costs as well as a basis for understanding variability in LCOE across the country.
Original languageAmerican English
Number of pages71
StatePublished - 2020

NREL Publication Number

  • NREL/TP-5000-74598


  • component
  • costs
  • land-based
  • LCOE
  • levelized cost of energy
  • offshore wind energy


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