In 2021, the weighted average cost of capital (WACC) for offshore wind projects commissioned that year varied from roughly two to six percent. Italy was the country with the largest cost of capital with 6.1 percent. China followed, with capital costs amounting to 4.9 percent. The United Kingdom registered the lowest cost of capital at two percent.
Benchmark weighted average cost of capital for offshore wind energy projects commissioned worldwide in 2021, by select country
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IRENA. (May 15, 2023). Benchmark weighted average cost of capital for offshore wind energy projects commissioned worldwide in 2021, by select country [Graph]. In Statista. Retrieved June 16, 2024, from https://www.statista.com/statistics/1386566/weighted-average-capital-cost-offshore-wind-power-by-country/
IRENA. "Benchmark weighted average cost of capital for offshore wind energy projects commissioned worldwide in 2021, by select country." Chart. May 15, 2023. Statista. Accessed June 16, 2024. https://www.statista.com/statistics/1386566/weighted-average-capital-cost-offshore-wind-power-by-country/
IRENA. (2023). Benchmark weighted average cost of capital for offshore wind energy projects commissioned worldwide in 2021, by select country. Statista. Statista Inc.. Accessed: June 16, 2024. https://www.statista.com/statistics/1386566/weighted-average-capital-cost-offshore-wind-power-by-country/
IRENA. "Benchmark Weighted Average Cost of Capital for Offshore Wind Energy Projects Commissioned Worldwide in 2021, by Select Country." Statista, Statista Inc., 15 May 2023, https://www.statista.com/statistics/1386566/weighted-average-capital-cost-offshore-wind-power-by-country/
IRENA, Benchmark weighted average cost of capital for offshore wind energy projects commissioned worldwide in 2021, by select country Statista, https://www.statista.com/statistics/1386566/weighted-average-capital-cost-offshore-wind-power-by-country/ (last visited June 16, 2024)
Benchmark weighted average cost of capital for offshore wind energy projects commissioned worldwide in 2021, by select country [Graph], IRENA, May 15, 2023. [Online]. Available: https://www.statista.com/statistics/1386566/weighted-average-capital-cost-offshore-wind-power-by-country/