COMPAMIR
High-Purity Fact Pipeline
High-Purity Fact Pipeline
International Renewable Energy Agency (IRENA)
Global
May 21, 2026
Verified: May 21, 2026
"IRENA report finds firm renewable energy (solar/wind + batteries) is becoming cost-competitive with fossil fuels. China leads in low-cost firm renewables, with projects beating gas-fired plant benchmarks. Technological potential for 24/7 clean power is increasing, though commercial implementation remains a challenge."
Author: Daniel Yergin
Daniel Yergin provides a comprehensive analysis of how the global energy landscape is shifting from fossil fuels to renewables, explaining the geopolitical and economic implications of this transition, which is essential to understanding the context of IRENA's findings.
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