Explained: why renewables became so cheap so fast

Falling renewable energy costs is good news for our planet. Image: REUTERS/Stringer

Max Roser

Programme Director, Oxford Martin School, University of Oxford


Our Impact
The Big Picture
Explore and monitor how Energy is affecting economies, industries and global issues
Crowdsource Innovation
Get involved with our crowdsourced digital platform to deliver impact at scale

Stay up to date:


Have you read?

Fossil fuels come with a major detriment to our health. Image: Our World in Data
The price of electricity from new power plants. Image: Our World in Data
The price of renewable energy has fallen dramatically. Image: Our World in Data
The product cycle for renewable energy. Image: Our World in Data
Solar molecules has fallen by 99.6% since 1976. Image: Our World in Data
Increased capacity has made renewables cheaper. Image: Our World in Data

License and Republishing

World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.

The views expressed in this article are those of the author alone and not the World Economic Forum.

Related topics:

EnergyClimate ChangeESG


Global Agenda

The Agenda Weekly

A weekly update of the most important issues driving the global agenda


You can unsubscribe at any time using the link in our emails. For more details, review our privacy policy.

What's stopping the world from using more green hydrogen?
About Us
Partners & Members
Language Editions

Privacy Policy & Terms of Service

© 2022 World Economic Forum