Solar is now the 'cheapest energy in history'

solar panels on the lawn outside of a building
The solar garden at the Margaret A. Cargill Lodge at Wolf Ridge Environmental Learning Center in Finland, Minn.
Chad Holder via Wolf Ridge

Solar power is now the “cheapest energy in history.” That’s according to a report by the International Energy Agency.

The IEA says new utility-scale solar projects now cost an average of around $40 per megawatt hour. That’s roughly half the price of coal and natural gas projects.

So what does this mean for our future energy mix, utility bills, and for climate progress?

Gabe Chan focuses on energy as an associate professor at the University of Minnesota's Humphrey School of Public Affairs. He joined Climate Cast this week to talk about that.

Click play on the audio player above or subscribe to the Climate Cast podcast to hear the conversation.

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