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Wow, that’s great news! I thought it was higher
I’m no expert, but from what I’ve read, particularly solar has gotten extremely cheap over the past 15 years. You do need storage capacity and other energy generation methods to go along with solar, so the true cost is a bit complexer.
But yeah, I assume this rapid change is happening now, because renewables are simply cheaper than other energy generation methods.This is the best summary I could come up with:
The drop in fossil fuel generation was driven by wind and solar growth as well as the recovery of hydropower.
Wind and solar growth as well as the recovery of hydropower drove the fall in fossil fuel generation and increased the share of renewables in the electricity mix to a record 54 per cent.
Solar and wind have stepped up as the main players, proving they are ready to take on their role as the backbone of the modern clean electricity system.”
Seven coal fired power stations closed in the country at the end of March 2024 after their shut down was postponed due to the energy crisis.
Despite rising demand, fossil fuel electricity generation still fell as renewables displaced them from the mix.
“From 2016 to 2023, coal fell by over 300 terawatt hours and there was a similar rise in wind and solar over that period,” she explains.
The original article contains 482 words, the summary contains 150 words. Saved 69%. I’m a bot and I’m open source!