is renewable energy more cost-effective than thermal energy?
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Solar power will cost less than thermal in 6-7 years, says Ajay Mathur. At a time when air pollution has become a leading environmental threat to public health, The Energy and Resources Institute (TERI) chief Ajay Mathur said India's dependence on thermal power would end by 2050.
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Renewable energy is increasingly the cheapest source of new electricity, offering tremendous potential to stimulate the global economy and get people back to work. ... Electricity costs from utility-scale solar PV fell 13% in 2019, reaching a global average of 6.8 cents (USD 0.068) per kilowatt-hour (kWh).
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