The International Renewable Energy Agency (IRENA) has released a report on renewable power generation costs in 2021. The report highlights that the cost of renewable energy technologies has continued to decline, making them increasingly competitive with fossil fuels. The report also notes that renewable energy is now the cheapest source of new power generation in many parts of the world. The report was authored by a team at IRENA and benefited from the reviews and comments of numerous experts in the field. The report is available for free download on the IRENA website.
