If Renewables Are So Cheap, Why Are Our Bills Still High?
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Producing electricity from wind turbines and solar panels is cheaper than ever before. So why are households across Europe seeing record amounts on their electricity bills?
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Over the past decade, the levelised cost of solar power has fallen by roughly 90%, while onshore wind is now the cheapest source of electricity. Auction prices for new renewable projects frequently undercut fossil fuel generation: according to the International Renewable Energy Agency, approximately 91% of newly comm
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Over the past decade, the levelised cost of solar power has fallen by roughly 90%, while onshore wind is now the cheapest source of electricity. Auction prices for new renewable projects frequently undercut fossil fuel generation: according to the International Renewable Energy Agency, approximately 91% of newly comm
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