Statkraft Study: Cost of Renewables Will Continue to Fall

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Renewable energy, such as solar PV and wind power, will be significantly cheaper. In Statkraft's Low Emissions Scenario 2019, the cost of renewable technologies will fall sharply over the next few decades. The cost of switching to a low carbon economy is thus far lower than the costs the world must bear if global warming is not limited.

Each year, Statkraft develops its Low Emissions Scenario, analysing developments in the global energy markets. The analyses are used as background when Statkraft considers new investments. For the fourth consecutive year, Statkraft now shares these long-term analyses. While the global energy-related emissions will be in line with a 2-degree pathway, this year's report also analyses what is required for Europe to follow a... ... More: Official Press Release Statkraft

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Statkraft, low emissions, scenario, study, climate change, climate targets, global warming