Fossil-fuel costs avoided by renewables

STO-REC-STAT4QXXCVT1 Official
480 billionUSD
estimate

Global · 2025

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

Original source
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.

Verbatim extraction verified: The figure 480 billion USD is directly attested in the quoted passage (Newsletter).

The figure above was extracted from this passage. If it does not match, the extraction is wrong and we want to know.

Cite this figure

Published under CC BY 4.0. Attribute the original publisher; the citations below do that for you and link to this permanent record.

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
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.} }

Provenance and verification

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Record: STO-REC-STAT4QXXCV 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 & Integrity

Audit status
Verified
Review protocol
Editorial review
Checked on
17 September 2026
Last revision
17 September 2026
Archival URI
/stat/stat_4QXXCVJCH75EQTXZ2WYDR2X061