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Iran: Switching to Renewables is the Demand of Wisdom

Iran: Switching to Renewables is the Demand of Wisdom
Iran: Switching to Renewables is the Demand of Wisdom

Renewable energy is the most cost-effective compared to all other traditional sources to generate power, head of Renewable Energy and Energy Efficiency Organization (Satba) said Wednesday.
"The cost of producing every kilowatt hour of electricity from fossil fuel is 11 cents whereas generating the same from green sources costs three times less," Seyed Mohammad Sadeqzadeh was quoted as saying by the Energy Ministry's news portal, Paven.
"Contrary to common belief, renewables are not costly anymore," he added, noting that the speed at which renewables have become cost competitive is staggering. Furthermore, the cost of generating power from non-fossil fuels is bound to decline further in the near future given technological breakthroughs and increasing investments.

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