Africa, Cost Of, Grid and Oil Prices

Search:

DAY

WEEK

MONTH

YEAR

Select your country:
Sign up | Log in

Africa

Cost Of

Grid

Oil Prices

IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

Green Car Congress

JANUARY 17, 2015

The cost of generating power from renewable energy sources has reached parity or dropped below the cost of fossil fuels for many technologies in many parts of the world, according to a new report released by the International Renewable Energy Agency (IRENA). Real weighted average cost of capital is 7.5% Source: IRENA.

Renewable

Renewable Parts Powered Power

Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

Green Car Congress

APRIL 6, 2015

billion) and South Africa ($5.5 Another challenge was, at first sight, the impact of the 50%-plus collapse in the oil price in the second half of last year. Coping with 25% or more variable generation is more difficult for grids and utilities than managing a 5% proportion. Investment in developing countries, at $131.3

2014

2014 Renewable 2013 Wind

EV Driven

IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

Stay Connected