Majority of New Renewables Undercut Cheapest Fossil Fuel ...
· Countries urged to power past coal as new report confirms renewables would bring cost savings of USD 156 billion to emerging economies. Abu Dhabi, United Arab Emirates, June 22, 2021 – The share of renewable energy that achieved lower costs than the most competitive fossil fuel option doubled in 2020, a new report by the International Renewable Energy Agency (IRENA) shows. 162 .