Plummeting Renewable Energy, Battery Prices Mean China Could Hit 62% Clean Power & Cut Costs 11% By 2030

If cost trends for renewables continue, 62% of China’s electricity could come from non-fossil sources by 2030 at a cost that is 11% lower than achieved through a business-as-usual approach. Further, China’s power sector could cut half of its 2015 carbon emissions at a cost about 6% lower compared to business-as-usual conditions. - Nature Communications Link