Solar energy - the cheapest of all types of energy in history

This is what the International Energy Agency (IEA) announced in its forecast

The report shows that 275 GW of coal-fired power plant capacity will be retired worldwide by 2025. This currently accounts for 13 percent of all installed capacity in this source.

Among other things, the agency forecasts the retirement of 100 GW of coal-fired capacity in the United States and 75 GW in the European Union.

✔The previously assumed increase in demand for coal in Asia is much smaller than earlier forecasts showed.

According to the report presented, renewables are on track to meet 80 percent of the growth in electricity demand over the next 10 years.
By 2025, they will replace coal as the primary means of electricity generation. and if a more optimistic plan is adopted, renewables will play an even greater role in the next five years