IEA Wind TCP Task 26: Wind Technology, Cost, and Performance Trends for Denmark, Germany, Ireland, Japan, Norway, Sweden, the European Union, and the United States 2016-2019

Abstract

Task 26 - The Cost of Wind Energy represents an international collaboration dedicated to exploring the historical and future cost of wind energy in addition to the investigating the market value wind energy may provide. The countries that are currently represented by participating organizations in IEA Wind TCP Task 26 included in this report are Denmark, Germany, Ireland, Japan, Norway, Sweden, the European Union, and the United States. This manuscript documents technology and cost trends from 2008 through 2019 and discusses the trends from 2016 through 2019 that affected the cost of land-based wind energy within each country. The cost of wind energy during this period is compared with the market value of wind energy in the respective electricity market for each country.