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Historic opportunity: Renewables start competing with fossil fuels

2015-02-06 09:48:00| Climate Ark Climate Change & Global Warming Newsfeed

RT: The cost of supplying wind and solar energy has been plummeting since 2010, with accelerated deployment putting it on par with the costs of fossil fuel energy generation in some of the areas, says the International Renewable Energy Agency (IRENA). Hydro, biomass, geothermal and wind power are now competitive with or cheaper than coal, oil and gas-fired power stations, despite oil prices are falling , according to a IRENA report. The IRENA study called Renewable Power Generation Costs in 2014,...

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