Big oil conglomerates prefer to keep this concealed:

In a groundbreaking report titled "Costs of Renewable Energy Generation in 2024," the International Renewable Energy Agency (IRENA) has confirmed that renewable energies are the most economical options for generating electricity.

The report reveals that in 2024, a staggering 582 gigawatts (GW) of clean energies were added, marking a 20% increase from the previous year. This surge in renewable energy adoption is a testament to the significant advancements made in this sector in recent years.

One of the key findings of the report is that renewable energy can cost less than any fossil fuel option. For instance, onshore wind projects were even more affordable than their fossil fuel counterparts, boasting a 53% advantage in 2024. Photovoltaic solar energy was also 41% cheaper than fossil fuel alternatives.

The economic arguments for investing in renewable energies are stronger than ever. In fact, 91% of the new renewable energy projects that started the year were more profitable than building a plant for some fossil fuel. This means that not only are renewable energies helping us care for our planet, but they are also a much more economically viable option.

The report further states that the advantage of clean energies goes beyond their generation cost. They also reduce dependence on volatile international fuel markets, offering a more stable and secure energy supply.

It is estimated that we avoided spending 57 billion dollars on fossil fuels in 2024. However, the total savings from all renewable projects already in operation reached an incredible figure of 467 billion dollars!

While the report does not discuss the potential long-term effects of renewable energy adoption on the global economy, it does confirm that renewable energies, in addition to being friendly to the planet, are also beneficial for our pockets.

It's important to note that the report does not specify the specific countries or regions where these cost advantages were observed, nor does it provide information on the potential impacts of renewable energy adoption on traditional fuel companies.

Despite these omissions, the report serves as a clear call to action for governments and businesses to invest more in renewable energies. With options that cost less than an iPhone, the economic case for renewable energy is undeniable.

In conclusion, the "Costs of Renewable Energy Generation in 2024" report underscores the economic viability of renewable energies, highlighting their potential to save billions while boosting the economy. As concerns about planetary pollution continue to grow, the shift towards renewable energies is not only necessary but also increasingly economically advantageous.