Renewable power generation costs are already lower on average worldwide than those of fossil fuels and clean energy plants will become even more cost-competitive by 2020, a new sensitivity analysis published by the Carbon Tracker Initiative finds.

“Policy-makers and investors really need to question out dated assumptions on technology costs that do not factor in the direction of travel post-Paris. Planning for business-as-usual load factors and lifetimes for new coal and gas plants is a recipe for stranded assets,” said Carbon Tracker’s head of research James Leaton.

Read the press release on the website of Carbon Tracker.  

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