Renewable Power Generation Costs in 2012: An Overview

Abstract

As the world embarks on the transition to a truly sustainable energy future, the world’s renewable resources and technologies increasingly offer the promise of cleaner, healthier and economically and technically feasible power solutions and sustainable energy access for all. With over 100 gigawatts of renewable power generation capacity added in 2011 alone, renewables have gone mainstream and are being supported by a “virtuous circle” of increasing deployment, fast learning rates and significant, often rapid, declines in costs