
Cost and scale of renewables
Energy Insiders - a RenewEconomy Podcast
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Onshore Wind and Offshore Wind - What's the Global Weighted Average?
The global weighted average from our data for onshore wind was about 3.3 US per kilowatt hour and for the projects commissioned in 2021. Large share of the projects with commission in China but also in areas with excellent wind resources so very competitive at the moment. So what happens in China has more influence not because it's got a lot more capacity installed than say Australia or even though Australia might have unit costs that were actually competitive or lower or higher? Yeah, so what we do, I mean this is a metric that we use to if you like the highly of all the messaging It doesn't reflect anyone's local reality.
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