'Renewables remain competitive with fossil fuels'
- Admin
- Sep 24, 2024
- 1 min read
Renewables remain competitive compared to fossil fuels as stated by IRENA. The renewable power costs in 2023 were lower than fossil fuel alternatives. Solar PV and onshore wind had significant cost declines. The growth of renewables is expected to continue, leading to economic benefits and reduced dependency on fossil fuels.
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