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.
Among the report’s key findings:
- Renewable power generation costs continue to fall and are already very competitive to meet needs for new capacity.
- Auctions are rapidly driving down costs in new markets for renewable power generation.
- Global competition is helping to spread the best project development practices, reducing technology and project risk and making renewables more cost-competitive than ever before