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Renewable energy set to be cheaper than fossil fuels by 2020, according to new report
Josh Gabbatiss | Science Correspondent
Renewable energy will be cheaper than fossil fuels in two years, according to a new report. Experts predict that investment in green infrastructure projects will lead to decreases in the cost of energy for consumers.
Continuous technological improvements have led to a rapid fall in the cost of renewable energy in recent years, meaning some forms can already comfortably compete with fossil fuels.
The report suggests this trend will continue, and that by 2020 “all the renewable power generation technologies that are now in commercial use are expected to fall within the fossil fuel-fired cost range”.
© Copyright - Independent |
www.independent.co.uk
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