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Renewable Power Generation Costs in 2020

The new report shows 162 gigawatts (GW) or 62% of total renewable power generation added last year had lower costs than the cheapest new fossil fuel option.

  • June 2021
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  • Costs, Power
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  • Arabic, Chinese, English, French, German, Russian, Spanish

Renewable Power Generation Costs in 2018

IRENA’s latest global cost study shows solar and wind power reaching new price lows. The report highlights cost trends for all major renewable electricity sources.

  • May 2019
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  • Costs, Power
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  • English

Renewable Power Generation Costs in 2014

The competitiveness of renewable power generation technologies continued improving in 2013 and 2014, reaching historic levels. Biomass for power, hydropower, geothermal and onshore wind can all provide electricity competitively against fossil fuel-fired power generation. Solar photovoltaic (PV) power has also become increasingly competitive, with its levelised cost of...

  • January 2015
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  • Costs
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  • English

Renewable Power Generation Costs in 2019

IRENA’s latest global cost study shows solar and wind power reaching new price lows. The report highlights cost trends for all major renewable electricity sources.

  • June 2020
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  • Costs, Power
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  • English, Chinese, French, German, Japanese, Spanish

Renewable Power Generation Costs in 2017

This report highlights the latest trends for each of the main renewable power technologies, based on the latest cost and auction price data from projects around the world.

  • January 2018
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  • Costs, Power
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  • English, Japanese

Renewable Power Generation Costs – Summary for Policy Makers

This summary provided key insights on cost trends for renewable power generation ahead of a ground-breaking series of comprehensive cost studies by the International Renewable Energy Agency (IRENA).

  • November 2012
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  • Costs, Policy
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  • English

Renewable Power Generation Costs in 2012: An Overview

Dramatic falls in cost are making renewable energy competitive with fossil fuels across the world, and the least-cost option in a growing number of markets. For example, solar energy has already become cheaper than diesel generation, with clear benefits for communities in areas far away from the electricity grid. The public debate around renewable energy, however, continues to...

  • January 2013
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  • Costs
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  • English

Innovation outlook: Thermal energy storage

Thermal energy storage (TES) can help to integrate high shares of renewable energy in power generation, industry and buildings. This outlook identifies priorities for research and development.

  • November 2020
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  • Innovation
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  • English, Chinese, Spanish

Renewable power costs update December 2018

Renewable Power: Climate-safe energy competes on cost alone

The cost of electricity from renewable energy technologies has fallen steadily, and in some cases dramatically, in recent years.

  • December 2018
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  • Costs
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  • English

Renewable energy statistics 2021

This statistical publication presents renewable power generation capacity statistics for the for the last decade (2011-2020).

  • August 2021
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  • Statistics
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  • English, French, Spanish