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Wind and Solar Energy Are Cheaper Than Electricity from Fossil-Fuel Plants

Summary by Scientific American
Even without subsidies, renewable energy is staying competitive with power from gas and coal

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The expansion of renewables reduces the prices on the electricity exchange. How much the reduction will be also depends on how electricity demand develops. In addition, Aurora Energy Research has calculated two scenarios and results in each case that the relief of electricity consumers would be higher than de expenditures to promote new photovoltaic and wind power plants. The "Reality check for the energy turnaround", which the new Federal Minis…

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Scientific American broke the news in on Tuesday, June 17, 2025.
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