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piqer for: Climate and Environment Global finds
Passionate about solutions that empower citizens in their fight for energy democracy. She will be curating an online discussion about the current energy transition, covering news on smart grid developments, new regulatory solutions supportive of citizen-owned renewable energy and much more.
Renewables — The Cheapest Source Of New Power
In more and more countries, unsubsidised renewables have become the cheapest source of power, according to a new report from the United Nations and Bloomberg New Energy Finance (BNEF)!
The research results come as no surprise. However, they might prove useful should you ever be confronted with the “coal as the cheapest source of energy out there” argument.
Here are some talking points that might come in handy:
• Unsubsidised wind and solar can provide the lowest cost new electrical power in an increasing number of countries.
• The average costs for onshore wind dropped 18 percent last year, while those for offshore wind fell a whopping 28 percent.
• In just one year, the cost of solar generation worldwide dropped on average 17 percent, the report found.
