13/02/2025
The Future of Renewable Energy Economics
Looking ahead, BNEF expects wind and solar power generation costs to decline further in 2025, with global benchmarks for:
✔ Battery storage costs falling below $100/MWh
✔ Wind energy costs dropping by another 4%
✔ Solar power becoming 2% cheaper worldwide
With continued advancements in clean energy technology, falling costs, and growing market adoption, renewables are on track to fully outcompete fossil fuels—not just on sustainability, but on price as well.
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https://www.norbida.co.uk/2025/02/13/global-renewable-energy-costs-keep-falling-a-cheaper-greener-future-awaits/