BNEF: cost of new renewables rises as inflation starts to bite
Green Car Congress
JULY 1, 2022
New-build onshore wind and solar projects are now around 40% lower than BNEF’s global benchmarks for new coal- and gas-fired power. We see a return to long-term technology cost decline trajectories as demand continues to be strong, supply chain pressures ease and production capacity, particularly in China, comes back online.
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