Irena 2022: Renewable Power Generation Costs in 2021 [pdf]

> Almost two-thirds – or 163 gigawatts (GW) – of newly installed renewable power in 2021 had lower costs than the world’s cheapest coal-fired options in the G20, confirming the critical role of cost-competitive renewables in addressing today’s energy and climate crises.

> If ever there was a year to dramatically increase the deployment of renewable power generation, it is 2022. Renewables will reduce fossil import bills and average electricity system costs, and lessen the damaging impacts of high electricity prices on consumers and industry. This year’s fossil fuel price crisis demands a response; renewables and energy efficiency provide the answer, bringing unprecedented benefits for consumers, the environment and the global economy.

Renewables continue their very predictable slide down the learning curve to even lower costs. Imagine if we'd rolled these out a little faster.