Clean Power Cost Declines
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Business & Economics
Global Cost of Renewables to Continue Falling in 2025 as China Extends Manufacturing Lead: BloombergNEF | BloombergNEF

76% Informative
New wind and solar farms are already undercutting new coal and gas plants on production cost in almost every market globally.
China ’s clean technology manufacturing overcapacity has led to rising protectionism in the form of import tariffs by countries to avoid cheap imports upending their own energy markets.
Trade barriers could temporarily stall cost declines, but BNEF still expects the levelized cost of electricity for clean technologies to fall 22-49% by 2035 .
VR Score
85
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91
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46
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English
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61
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