International Renewable Energy Agency: Renewable energy maintains cost advantages in the global electricity market.
The report released by the International Renewable Energy Agency on the 22nd shows that renewable energy still has a significant cost advantage in the global electricity market, helping further reduce reliance on fossil fuels and improve energy security worldwide last year. According to the "2024 Renewable Energy Generation Cost Report," driven by technological innovation, competitive supply chains, and economies of scale, the cost of renewable energy continues to be lower than that of fossil fuels, maintaining a price advantage.
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