IRENA: ‘Renewables are by far cheapest form of power today’

A new report, titled ‘Renewable Power Generation Costs 2021’, published by the International Renewable Energy Agency (IRENA), shows that almost two-thirds of newly installed renewable energy in 2021 had lower costs than the world’s cheapest coal-fired option in G20 countries. In 2021, costs for renewables continued to fall. For example, the cost of electricity from
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