2020 Cost of Wind Energy Review

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.