Can rapidly declining renewable energy costs continue after 2025?

Michael Holder
clock • 5 min read

IRENA report predicts dramatic price drops for solar and wind electricity will continue, but warns further policy support is needed

If the major barrier to a widespread switch from fossil fuels to renewable energy has largely been high upfront costs, then that barrier now appears to be crumbling. Earlier this month, 11 major energy...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Michael Holder
Author spotlight

Michael Holder

Editor

View profile
More from Michael Holder

From 'biodegradable' to 'compostable' and 'bio-based' to 'bioplastic': Does the bioeconomy have a communications problem?

Survey: Vast majority of London black cabbies prefer electric to diesel taxis

More on Energy

Study: Economic pressures becoming driving force behind sustainable living behaviours
Energy

Study: Economic pressures becoming driving force behind sustainable living behaviours

Study finds long-term affordability and sustainability are increasingly important for consumers when buying new appliances

Amber Rolt
clock 23 January 2026 • 3 min read
Interconnectors have delivered more than £1.65bn in consumer savings since 2023
Energy

Interconnectors have delivered more than £1.65bn in consumer savings since 2023

Study details how subsea links have provided 86TWh of lower cost, cleaner, and more reliable energy imports, capable of powering 10 million British homes

Stuart Stone
Stuart Stone
clock 22 January 2026 • 3 min read
Wind and solar generate more power than fossil fuels in Europe for first time
Energy

Wind and solar generate more power than fossil fuels in Europe for first time

New Ember analysis attributes increase in renewables to 'staggering rise' in solar power

Amber Rolt
clock 21 January 2026 • 4 min read