BloombergNEF predicts clean energy costs will drop significantly by 2035, with solar and battery storage leading the way.

BloombergNEF forecasts a decline in the cost of clean energy technologies in 2025, with solar and battery storage costs expected to drop by 2% and 11%, respectively. Despite potential trade barriers, the report predicts long-term cost reductions of 22-49% by 2035, highlighting clean energy's growing competitiveness. Factors like technological advancements and economies of scale are driving these cost declines, making renewable energy more affordable.

5 weeks ago
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