The price of renewable energy has fallen over time in general.
82% confidence
EnvironmentInternational
Omissions
The downward trend has slowed markedly: IRENA's 2025 data show solar PV LCOE flat at USD 44/MWh (unchanged from 2024) and offshore wind did not see installed-cost reductions between 2023 and 2024, so the claim of continuously falling prices is only clearly true over the long run, not year-on-year.
The claim conflates the falling levelised cost of renewable generation (LCOE) with the price people actually pay for heating and electricity. Consumer bills in the EU rose sharply during the 2022-2023 energy crisis because of wholesale gas prices and network/levy costs, and are only partly determined by renewable generation costs.
No specific figure, technology or period is given, so the claim cannot be tested against a precise benchmark; it is a general trend statement.
IRENA's 2026 report was published in July 2026, before the session date, so the MEP could in principle have known this data.
Sources
PrimaryIRENA – Renewable Power Generation Costs in 2025"In 2025, Solar PV remained at its 2024 level of USD 44/MWh, while wind continued to improve, with onshore wind falling to USD 33/MWh" and "More than 90% of utility-scale renewable projects commissioned in 2025 delivered power below the cost of the cheapest new fossil-fuel plant"
PrimaryIRENA – Power generation costs (data page)"Solar PV module prices have fallen by around 90% since the end of 2009, while wind turbine prices have fallen by 49-78% since 2010 making renewable energy cost"
PrimaryIRENA – Renewable Power Generation Costs in 2024"Total installed costs for renewable power decreased by more than 10% for all technologies between 2023 and 2024, except for offshore wind"
PrimaryIEA – Renewables 2024, Electricity chapter"Overall, macroeconomic and supply chain challenges impact offshore wind more than other renewable technologies because projects are large, lead times are long."