Renewable power remains cost-competitive amid fossil fuel crisis

2022-7-15 12:27

Costs for renewables continued to fall in 2021 as supply chain challenges and rising commodity prices have yet to show their full impact on project costs. The cost of electricity from onshore wind fell by 15%, offshore wind by 13% and solar PV by 13% compared to 2020.

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renewable power remains cost-competitive amid fossil fuel crisis