> Almost two-thirds – or 163 gigawatts (GW) – of newly installed renewable
power in 2021 had lower costs than the world’s cheapest coal-fired options
in the G20, confirming the critical role of cost-competitive renewables in
addressing today’s energy and climate crises.<p>> If ever there was a year to dramatically increase the deployment of renewable
power generation, it is 2022. Renewables will reduce fossil import bills and
average electricity system costs, and lessen the damaging impacts of high
electricity prices on consumers and industry. This year’s fossil fuel price
crisis demands a response; renewables and energy efficiency provide the
answer, bringing unprecedented benefits for consumers, the environment
and the global economy.<p>Renewables continue their very predictable slide down the learning curve to even lower costs. Imagine if we'd rolled these out a little faster.