Renewable energy will be the cheapest forms of energy in every G20 country by 2030, study says

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Wind and solar will be the cheapest forms of energy in every G20 country by 2030, a study carried out by Greenpeace Germany says. 

“Climate protection increasingly makes economic sense across the G20 as renewable energy becomes cheaper than dirty coal and nuclear,” Greenpeace Germany energy expert Austrup said in a statement.



“Any G20 country that is still investing in coal and nuclear power plants is wasting their money on technology that will not be competitive in coming years.
“The G20 now has a responsibility to send a clear signal that accelerating the clean energy transition is not only the right thing to do for the climate, but also for the economy.”

The study also found that wind farms already generated the cheapest form of electricity in 2015 in large parts of Europe, South America, the US, China and Australia. Solar energy is expected to be even more cheaper than wind power in many G20 countries by 2030.

"Trump’s energy policy is simply a bad deal," Austrup added. "The US has excellent conditions for expanding its wind and solar energy capabilities and states like California, Texas or Iowa will not miss this chance."


Renewable energy will be the cheapest forms of energy in every G20 country by 2030, study says Renewable energy will be the cheapest forms of energy in every G20 country by 2030, study says Reviewed by Mark Wilson on 11:46 AM Rating: 5

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