Renewable projects cheaper than fossil-fuel plants

Share of utility-scale renewable power projects commissioned in a given year that delivered electricity at a lower cost than new fossil-fuel plants.

Unit Percent Industry Electricity and Gas Utilities

Records
1
Regions
1
Period
2025
Sources
1
Verification 1 verified data points Verified 17 Sep 2026 Next update Sources typically refresh annually

The chart

The figure

One published observation so far. A chart follows as soon as a second period is published.

Renewable projects cheaper than fossil-fuel plants

Global, 2025

1 observation
90% Global · 2025 · IRENA · full record
Source: IRENA · CC BY 4.0 · statorigin.org

Every record

All records

1 record · 1 region · 2025

Renewable projects cheaper than fossil-fuel plants: every record, grouped by region, newest first.
Period Value Source Type
Global 1 record
2025 90% IRENA · 31 Dec 2025 actual

Primary documents

Sources

1 document. Each links to the publisher's own copy.

Document Publisher Published Data points
Renewable power generation costs in 2025 IRENA 1

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StatOrigin. (2026). Renewable projects cheaper than fossil-fuel plants. Retrieved from https://statorigin.org/indicators/renewable-projects-cheaper-than-fossil-fuel-plants