Photographer: Andrew Harrer/Bloomberg

Fossil Fuels Losing Cost Advantage Over Solar, Wind, IEA Says

  • Renewable technologies no longer cost outliers, report says
  • No single technology is cheapest under all circumstances

The cost of producing electricity from renewable sources such as solar and wind has dropped significantly over the past five years, narrowing the gap with power generated from fossil fuels and nuclear reactors, according to the International Energy Agency.

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