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Costs and savings of replacing coal worldwide in 2020, with a forecast for 2025, by cost competitiveness against renewables (in billion U.S. dollars)
Costs and savings of replacing coal with renewables globally 2020-2025
As the cost of rolling out renewable energy technologies continues to fall, the continuation of coal use is increasingly becoming uncompetitive in terms of operating costs. In 2020, savings related to replacing uncompetitive coal with renewable energy were estimated at ** billion U.S. dollars worldwide. This figure is forecast to increase substantially, reaching *** billion U.S. dollars by 2025.
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Rocky Mountain Institute. (March 1, 2022). Costs and savings of replacing coal worldwide in 2020, with a forecast for 2025, by cost competitiveness against renewables (in billion U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 20, 2026, from /statistics/1334549/worldwide-coal-replacement-costs-and-savings/
Rocky Mountain Institute. "Costs and savings of replacing coal worldwide in 2020, with a forecast for 2025, by cost competitiveness against renewables (in billion U.S. dollars)." Chart. March 1, 2022. ÌÇÐÄÆƽâ°æ. Accessed July 20, 2026. /statistics/1334549/worldwide-coal-replacement-costs-and-savings/
Rocky Mountain Institute. (2022). Costs and savings of replacing coal worldwide in 2020, with a forecast for 2025, by cost competitiveness against renewables (in billion U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 20, 2026. /statistics/1334549/worldwide-coal-replacement-costs-and-savings/
Rocky Mountain Institute. "Costs and Savings of Replacing Coal Worldwide in 2020, with a Forecast for 2025, by Cost Competitiveness against Renewables (in Billion U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 1 Mar 2022, /statistics/1334549/worldwide-coal-replacement-costs-and-savings/
Rocky Mountain Institute, Costs and savings of replacing coal worldwide in 2020, with a forecast for 2025, by cost competitiveness against renewables (in billion U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/1334549/worldwide-coal-replacement-costs-and-savings/ (last visited July 20, 2026)
Costs and savings of replacing coal worldwide in 2020, with a forecast for 2025, by cost competitiveness against renewables (in billion U.S. dollars) [Graph], Rocky Mountain Institute, March 1, 2022. [Online]. Available: /statistics/1334549/worldwide-coal-replacement-costs-and-savings/
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