Why did renewables become so cheap so fast? And what can we do to use this global opportunity for green growth?

SEMrush

Fossil fuels dominate the global power supply because until very recently electricity from fossil fuels was the cheapest. This has changed dramatically. In most places power from new renewables is now cheaper than new fossil fuels.<br><br><a href="https://ourworldindata.org/cheap-renewables-growth" target="_blank"><img src="https://ourworldindata.org/app/uploads/2020/11/Screen-Shot-2020-11-28-at-13.00.19-768×443.png"/></a>

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