Production cost of renewable energy now ”lower” than fossil fuels

For the first time in history, the production cost of renewables is lower than that of fossil fuels, an industry asset manager has claimed, energynomics.ro informs. In a recent note to its clients, Hamburg, Germany-based Kaiserwetter Energy Asset Management, wrote that its “internal analysis” – based on data from Bloomberg, The Frankfurt School, Renewable Cost Database of the International Agency for Renewable Energy (IRENA) and UN Environment – puts fossil ...

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