The price tag on clean energy keeps dropping. Solar panels, wind turbines, and batteries will cost 2-11% less in 2025, according to new research from BloombergNEF. New wind and solar farms are already undercutting new coal and gas plants on production cost in almost every market globally. Battery prices tell a striking story. In 2024, the cost to store energy in batteries fell by a third, reaching $104 per megawatt-hour. It’s set to drop below $100 in 2025. This matters because cheaper batteries help solve a key challenge: storing solar and wind power for when it’s needed. China plays a … Continue reading Clean Energy Costs to Drop 2-11% by 2025, BloombergNEF Reports