IRENA: Renewable electricity avoided $480bn in global fossil fuel costs in 2025

Michael Holder
clock • 5 min read
Credit: iStock
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Credit: iStock

Cost advantages enjoyed by solar, wind, and hydropower compared to coal and gas generation continued to widen in 2025, even before Iran war triggered spike in fossil fuel prices

The cost advantage enjoyed by renewable electricity over more expensive fossil fuel based generation continued to widen last year, with total installed solar, wind, hydropower, and wider renewables capacity...

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Michael Holder
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Michael Holder

Environmental journalist and editor

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