Cost of wind energy worldwide, 2015

Wind energy costs for 2015 are compared to 2014 costs in WindPower Monthly.  It also compares with costs of nuclear and fossil-fuel based generation.  Following is a tabular representation of the low and median costs for onshore and offshore.

  

    Onshore Offshore
    Low Median Low Median
2015 Turbine, $/kW    $ 1,070    
  TIC, $/kW  $ 1,200  $ 1,700  $ 4,000  $ 5,000
  O&M, $/MWh    $       19    $       40
  GC, $/MWh  $       50  $       78  $     150  $     192

TIC: Total Installed Cost

O&M: Operations and maintenance cost

GC: Generation cost (assuming it is same as levelized cost of energy

No data is available for the empty cells

 

I always enjoy this graphic from David Millborrow's article, it encapsulates total installed cost and capacity factor (wind speed):

Comparison of cost of generation