Cost efficiency has been one of the primary focuses of the sustainable energy industry for years. For renewables to be a viable replacement for fossil fuels, companies need to price them similarly. In the past few years, the industry surpassed this goal, as solar and wind energy are now cheaper than fossil fuels in many areas.
In two-thirds of the world, renewable sources of power are more affordable than carbon-based electricity. This shift represents a substantial victory for green energy, as it may offer the push the industry needs to become the new norm. Here s how this monumental shift happened.