From electrek
In 2021, 163 gigawatts (GW) – nearly two-thirds – of new renewable power added was cheaper than the cheapest coal-fired power plants in G20 countries, according to a new report released by the International Renewable Energy Agency (IRENA).
The G20, or Group of Twenty, is an intergovernmental forum comprising 19 countries and the European Union.
IRENA’s report, Renewable Power Generation Costs in 2021, states that the cost of electricity from onshore wind fell by 15%, offshore wind by 13%, and solar by 13% compared to 2020.
The Russian invasion of Ukraine drove up coal and natural gas prices, and high gas prices in Europe mean gas will become increasingly uneconomical.
As Electrek reported on Tuesday, plans in Europe to place a small number of coal plants on temporary standby would only add 1.3% to EU emissions annually, even in the worst-case scenario where they run at the highest levels.
No comments:
Post a Comment