SDG 13: Climate Action

Renewable energy is cheaper than previously thought, says a new report - and could be a gamechanger in the climate change battle

Oct 18, 2021

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Wind turbines, which act as a renewable source of energy, used to produce electricity. Image: Thomas Richter/Unsplash

Johnny Wood

Writer, Forum Agenda

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SDG 13: Climate Action

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Costs and projection of costs of renewable energy from 1980-2040. Image: INET

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What's the World Economic Forum doing about the transition to clean energy?

Technologies that become cheaper with increasing production enter a virtuous cycle.

Renewable energy cycle. Image: Our World in Data

Electricity from renewables became cheaper as we increased capacity - electricity from nuclear and coal did not.

Renewable energy prices. Image: Our World in Data

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Related topics:

SDG 13: Climate Action SDG 07: Affordable and Clean Energy Climate Change Energy Transition

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