BNEF: Cost of clean power tech expected to fall by up to 11 per cent in 2025

Stuart Stone
clock • 5 min read
Credit: iStock
Image:

Credit: iStock

China's ability to produce a MWh of electricity is now up to 64 per cent cheaper than other markets, as wind, solar, and battery tech help to drive prices to record lows

Is the global renewables industry set to continue its journey down the cost curve, despite several years of rising raw material costs and economic headwinds in key markets? According to a major new...

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

Geothermal UK: New coalition to promote UK's 'vast geothermal energy potential'

Geothermal UK: New coalition to promote UK's 'vast geothermal energy potential'

TownRock Energy, Causeway Geothermal, and Eden Geothermal among founding members of new trade body

James Murray
clock 13 June 2025 • 3 min read
Oxford secures funding for low carbon heat network

Oxford secures funding for low carbon heat network

Project will supply historic landmarks with low carbon heating and could reduce city's gas demand by 10 per cent

clock 11 June 2025 • 3 min read
The government must address electricity prices to lower bills and boost competitiveness

The government must address electricity prices to lower bills and boost competitiveness

There is no silver bullet for solving Britain's high electricity prices - rather, an effective package of measures across strategies is needed to shift to a clean energy system, writes the Aldersgate Group's Marie-Laure Hicks

Marie-Laure Hicks, Aldersgate Group
clock 10 June 2025 • 5 min read