To read the full version of this content please select one of the options below:

Lower storage costs will drive renewable energy growth

Tuesday, December 4, 2018


Renewable energy costs.


Renewable energy costs continue to fall in both absolute terms and relative to conventional energy sources.


  • The switch to competitive bidding will see costs peak and then decline for governments that face high subsidy bills from feed-in tariffs.
  • The portfolio of subsidy-free renewable energy options will grow in the next five years to include solar thermal energy and offshore wind.
  • Technology advances will particularly reduce the cost over the next decade of building offshore wind capacity.
Expert Briefings Powered by Oxford Analytica
Stay up to date
Sign up to the Expert Daily Briefings email alert and receive up-to-the-minute analysis of global events as they happen.
*If your university does not have access to Expert Briefings, visit our information page to find out more.