A major economic tipping point is here: in 2024, 91% of newly built renewable energy projects—especially solar and onshore wind farms—were already cheaper than new fossil fuel power plants, according to the International Renewable Energy Agency (IRENA). Onshore wind remains the cheapest at just $0.034/kWh—a full 53% less than the lowest-cost fossil alternatives—while solar follows at $0.043/kWh, 41% cheaper.

That’s not just good for the bottom line—it’s a powerful boost for energy security. Renewables avoid volatile global fossil fuel markets and delivered cost savings worth approximately USD 57 billion in 2024 alone. Even with remaining challenges—like permitting delays, grid constraints, and financing hurdles in developing regions—this progress isn’t slowing down.

Underestimating “clean” energy isn’t just outdated—it’s expensive. The economic case for renewables is now undeniably stronger than ever. That’s what’s right with the world.