The International Renewable Energy Agency reports that, in some cases, new renewable power generation capacity has electricity costs lower than the cheapest source of new fossil fuel‑fired capacity.
Oil prices are likely to keep rising toward $100 a barrel while a cool-off in commodity prices won’t last, leaders of key firms said at the Qatar Economic Forum on Tuesday.
While prices of industrial metals have rocketed as the world moves away from fossil fuels, future price rises are likely to be limited to a select few energy transition ingredients.