Report Says Renewable Energy is Approaching Cost Parity with Fossil Fuels

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Pairing solar and wind with battery storage already delivers electricity at prices that match new coal and beat new gas costs across much of the world, according to a recent International Renewable Energy Agency report. The findings address one of the most enduring objections to renewable power: that intermittent generation makes clean energy unsuitable as a reliable primary source.

As renewables take a firmer position in the energy mix of different markets, related technologies such as those championed by Vision Marine Technologies Inc. (NASDAQ: VMAR) could see their…

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