Solar and Wind are Now the Cheapest Sources of Power in Most of the World According to Bloomberg News

Solar and onshore wind power are now the cheapest new sources of electricity for at least two-thirds of the world’s population, Bloomberg News reports, further threatening coal and natural gas. The levelized cost of electricity for onshore wind projects has fallen 9 percent to $44 a megawatt-hour since the second half of last year, and solar declined 4 percent to $50 a megawatt-hour.

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(Bloomberg News)