International Renewable Energy Agency: Majority of New Renewables Undercut Cheapest Fossil Fuel on Cost
June 23, 2021
June 23, 2021
ABU DHABI, United Arab Emirates, June 23 (TNSRep) -- The International Renewable Energy Agency issued the following news release:
The share of renewable energy that achieved lower costs than the most competitive fossil fuel option doubled in 2020, a new report by the International Renewable Energy Agency (IRENA) shows. 162 gigawatts (GW) or 62 per cent of total renewable power generation added last year had lower costs than the cheapest new fossil fuel option.
Renewable . . .
The share of renewable energy that achieved lower costs than the most competitive fossil fuel option doubled in 2020, a new report by the International Renewable Energy Agency (IRENA) shows. 162 gigawatts (GW) or 62 per cent of total renewable power generation added last year had lower costs than the cheapest new fossil fuel option.
Renewable . . .