IRENA: All renewables to be cost competitive with fossil fuels by 2020

clock • 7 min read

'Turning to renewables for new power generation is not simply an environmentally conscious decision, it is now - overwhelmingly - a smart economic one'

All renewable electricity technologies will be competing with and even undercutting fossil fuels on price as early as 2020, with solar PV and onshore wind expected to be among the cheapest forms of power...

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

More on Energy

IEA signals clean tech market could more than double to $3tr by 2035

IEA signals clean tech market could more than double to $3tr by 2035

New report on clean technology manufacturing predicts continued rapid growth, as OECD highlights how 'renewable energy generation and energy efficiency can enhance economic security'

James Murray
clock 26 March 2026 • 5 min read
'Installation boom': Solar and heat pump sales surge as Middle East conflict escalates

'Installation boom': Solar and heat pump sales surge as Middle East conflict escalates

New figures reveal demand for domestic clean technologies has increased sharply, as households look to better insulate themselves against rising oil and gas prices

clock 26 March 2026 • 4 min read
Iran War: Businesses facing gas bill hikes of up to 80 per cent

Iran War: Businesses facing gas bill hikes of up to 80 per cent

Latest analysis from Cornwall Insight warns businesses have already seen gas costs rise by nearly 60 per cent, further strengthening the business case for renewables

James Murray
clock 25 March 2026 • 7 min read