{
  "as_of": "2026-10-23",
  "records": [
    {
      "id": "solar-since-2010",
      "market": "World",
      "name": "Solar power cost since 2010",
      "value_label": "\u221289%",
      "direction": "Falling",
      "index": 11,
      "base": "2010",
      "note": "Global average cost of electricity from new utility-scale solar, 2010 to 2025.",
      "source_name": "IRENA Renewable Power Generation Costs in 2025",
      "source_url": "https://www.irena.org/-/media/Files/IRENA/Agency/Publication/2026/Jul/IRENA_TEC_RPGC_2025_Executive_summary_2026.pdf",
      "tier": 1
    },
    {
      "id": "wind-since-2010",
      "market": "World",
      "name": "Onshore wind cost since 2010",
      "value_label": "\u221271%",
      "direction": "Falling",
      "index": 29,
      "base": "2010",
      "note": "Global average for new onshore wind, 2010 to 2025.",
      "source_name": "IRENA Renewable Power Generation Costs in 2025",
      "source_url": "https://www.irena.org/-/media/Files/IRENA/Agency/Publication/2026/Jul/IRENA_TEC_RPGC_2025_Executive_summary_2026.pdf",
      "tier": 1
    },
    {
      "id": "geothermal-since-2010",
      "market": "World",
      "name": "Geothermal cost since 2010",
      "value_label": "+53%",
      "direction": "Rising",
      "index": 153,
      "base": "2010",
      "note": "Conventional geothermal got dearer as projects moved to harder sites; enhanced geothermal is not yet in the average.",
      "source_name": "IRENA Renewable Power Generation Costs in 2025",
      "source_url": "https://www.irena.org/-/media/Files/IRENA/Agency/Publication/2026/Jul/IRENA_TEC_RPGC_2025_Executive_summary_2026.pdf",
      "tier": 1
    },
    {
      "id": "battery-pack",
      "market": "World",
      "name": "Lithium-ion battery pack price, 2025",
      "value_label": "$108/kWh",
      "direction": "Falling",
      "index": 92,
      "base": "2024",
      "note": "Down 8% in a year despite higher metal prices. Packs for stationary storage averaged $70, and China $84.",
      "source_name": "BloombergNEF battery price survey, December 2025",
      "source_url": "https://about.bnef.com/insights/clean-energy/lithium-ion-battery-pack-prices-fall-to-108-per-kilowatt-hour-despite-rising-metal-prices-bloombergnef/",
      "tier": 2
    },
    {
      "id": "grid-battery",
      "market": "World",
      "name": "Four-hour grid battery, installed",
      "value_label": "$140/kWh",
      "direction": "Falling",
      "note": "Global average installed cost in 2025; China is below $70.",
      "source_name": "IRENA Renewable Power Generation Costs in 2025",
      "source_url": "https://www.irena.org/-/media/Files/IRENA/Agency/Publication/2026/Jul/IRENA_TEC_RPGC_2025_Executive_summary_2026.pdf",
      "tier": 1
    },
    {
      "id": "renewables-cheaper",
      "market": "World",
      "name": "New renewables cheaper than new fossil",
      "value_label": ">90%",
      "direction": "Falling",
      "note": "Share of new utility-scale renewable projects commissioned in 2025 that cost less than the cheapest new fossil-fuel option.",
      "source_name": "IRENA Renewable Power Generation Costs in 2025",
      "source_url": "https://www.irena.org/-/media/Files/IRENA/Agency/Publication/2026/Jul/IRENA_TEC_RPGC_2025_Executive_summary_2026.pdf",
      "tier": 1
    },
    {
      "id": "china-ev-cheaper",
      "market": "World",
      "name": "China's battery cars cheaper than the average petrol car",
      "value_label": "~70%",
      "direction": "Falling",
      "note": "Over 20 million electric cars were sold worldwide in 2025, about a quarter of sales, displacing 1.7 million barrels of oil a day.",
      "source_name": "IEA Global EV Outlook 2026",
      "source_url": "https://www.iea.org/reports/global-ev-outlook-2026/executive-summary",
      "tier": 1
    },
    {
      "id": "india-solar",
      "market": "India",
      "name": "India's solar power cost, 2025",
      "value_label": "$35/MWh",
      "direction": "Falling",
      "note": "Among the lowest in the world, below the $44 global average.",
      "source_name": "IRENA Renewable Power Generation Costs in 2025",
      "source_url": "https://www.irena.org/-/media/Files/IRENA/Agency/Publication/2026/Jul/IRENA_TEC_RPGC_2025_Executive_summary_2026.pdf",
      "tier": 1
    }
  ]
}