Renewables maintain their cost leadership in global power markets, IRENA’s new report on Renewable Power Generation Costs in 2024 confirms.  

Renewables remain competitive despite fossil fuel prices returning closer to historical cost levels, concludes Renewable Power Generation Costs in 2023, released by the International Renewable Energy Agency (IRENA) at the Global Renewables Summit during the UN General Assembly in New York today.

The International Renewable Energy Agency (IRENA), in partnership with the Indian G20 Presidency, launched a new report on how low-cost finance can accelerate the energy transition.

New IRENA report shows almost two-thirds of renewable power added in 2021 had lower costs than the cheapest coal-fired options in G20 countries.

Green hydrogen trade can provide a low-cost alternative that diversifies energy imports and improves energy security, says new IRENA report.

IRENA analysis shows region can pursue more ambitious energy transition agenda, gaining cost benefits while achieving socio-economic and climate objectives.

Report suggests need for comprehensive policy framework towards an African Green Deal to overcome structural dependencies, raise GDP by 6.4% and create 26 million jobs by 2050.

Registrations Now Open for IOREC. The First International Conference on Renewable Energy for Healthcare follows IOREC, bridging energy and health to improve rural healthcare.