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Clean Energy Investor Group – The Cost of No Renewables, Mar 2025

Summary

The main theme of the report is the analysis of the consequences of abandoning renewable energy sources and switching to fossil fuels.

Key findings include: Renewable energy sources lower electricity prices; without them, wholesale prices could rise to $80/MWh, and household bills by 22% (or $417). Without renewables, generation shortfalls are filled with expensive gas generation. Increased reliance on fossil fuels burdens aging infrastructure and reduces supply reliability. Using fossil fuels instead of renewables increases overall system costs.

Region: Global 
Published: March 2025 
Author(s): CEIG 
Language: English 
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