In 2024, 91% of newly commissioned global renewables—mostly solar and wind—delivered electricity more cheaply than fossil fuel alternatives. Solar cost 41% less, wind 53% less. With 582 GW added and $57 bn in fuel savings, clean energy is firmly winning the economics race.
(c) Dan Myers/Unsplash CC0

Over 90% of New Renewable Energy Projects Now Cheaper Than Fossils

ALJAZEERA

In 2024, 91% of newly commissioned global renewables—mostly solar and wind—delivered electricity more cheaply than fossil fuel alternatives. Solar cost 41% less, wind 53% less. With 582 GW added and $57 bn in fuel savings, clean energy is firmly winning the economics race.

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