Wind and solar energy is to be cheaper for most countries than using fossil fuels by 2018, a new report states. A new report by the World Economic Forum says that it sees a drastic reversal of that trend, with the cost of wind and solar energy plummeting, making it a more promising investment. According to the WEF's findings, using data from IRENA, the cost of solar energy has dropped 80% since 2009. Whereas wind energy costs have dropped 30% in the last three years.
(International Business Times (UK)
, 27 Dec 2016)