Pursuance of high renewable power share provides costeffectiveness and enhances fuel independence

Pursuance of high renewable power share provides costeffectiveness and enhances fuel independence


Ramping up of renewable power capacity is cost-effective and contributes to both climate and sustainability objectives. Renewable power has become cheaper than conventional fossil fuel-based generation. Least-cost optimization analysis suggests that an early ramp-up of renewable power generation and reducing fossil-fuel-based generation to a minimum provide a larger financial benefit and pave the path towards a 100 per cent renewable power goal by 2036;