Fossil-fuel costs avoided by renewables

RecordSTO-4QXXCVJCH7-5EQTXZ2WYD-R2X061

480 billionUSD
estimate

Global · 2025

Fossil-fuel costs avoided by renewables worldwide was 480 billion USD in 2025 (IRENA).

Original source

Fossil-fuel costs avoided by renewables: every country and year, and how it is measured

Publisher
IRENA
Authority tier
T1 Official
Locator
Newsletter
Retrieved
15 Sep 2026
Status
Verified

What the source says

In 2025, renewables helped avoid an estimated USD 480 billion in fossil-fuel costs and about 8.4 gigatonnes of CO₂ emissions, confirming their role not only as the cheapest new power but as a pillar of energy security, economic stability and resilience.

Checked: the figure 480 billion USDis stated in this passage. If it does not match, the extraction is wrong and we want to know.

Cite this figure

APA

IRENA. (2025). Renewable power generation costs in 2025. Retrieved September 15, 2026, from https://www.irena.org/Publications/2026/Jul/Renewable-Power-Generation-Costs-in-2025. Via StatOrigin, https://statorigin.org/stat/stat_4QXXCVJCH75EQTXZ2WYDR2X061

Other formats: MLA, Chicago, BibTeX
MLA
IRENA. "Renewable power generation costs in 2025." 2025, https://www.irena.org/Publications/2026/Jul/Renewable-Power-Generation-Costs-in-2025. Accessed 15 Sept. 2026 via StatOrigin, https://statorigin.org/stat/stat_4QXXCVJCH75EQTXZ2WYDR2X061.
Chicago
IRENA. "Renewable power generation costs in 2025." 2025. https://www.irena.org/Publications/2026/Jul/Renewable-Power-Generation-Costs-in-2025. Accessed September 15, 2026. Cited from StatOrigin, https://statorigin.org/stat/stat_4QXXCVJCH75EQTXZ2WYDR2X061.
BibTeX
@misc{irena2025fossilr2x061, author = {{IRENA}}, title = {Renewable power generation costs in 2025}, year = {2025}, howpublished = {StatOrigin, https://statorigin.org}, url = {https://statorigin.org/stat/stat_4QXXCVJCH75EQTXZ2WYDR2X061}, note = {Original source: https://www.irena.org/Publications/2026/Jul/Renewable-Power-Generation-Costs-in-2025. Accessed September 15, 2026.} }

Data published under CC BY 4.0. The citation credits the original publisher and links to this permanent record.

Provenance and verification

Everything needed to check this number yourself, without taking our word for it.

Chain of custody
Record: STO-4QXXCVJCH7-5EQTXZ2WYD-R2X061 T1 Official

Primary source

Publisher
IRENA · homepage ↗
Authority tier
Tier 1 · Multilateral Official
Report
Renewable power generation costs in 2025
Type
Press release
Published
—
Locator
Newsletter
Retrieved
15 September 2026
Link status
Reachable (HTTP 200)
Report licence
See source

Verification

Status
Verified
Review protocol
Editorial review
Checked on
17 September 2026
Last revision
17 September 2026
Permanent URL
/stat/stat_4QXXCVJCH75EQTXZ2WYDR2X061