Read the first two sections ofthis articleand refer to the figure below that shows the 10-year change in the price of electricity from newly built power plants by energy source (see the article for a higher-resolution image). What is the reason for the dramatic change in the price of electricity from new renewable power plants, and what implications does this have for the future of living standards around the world? This post will be assessed as an original contribution (100-150 words)

Here is the article:

https://ourworldindata.org/cheap-renewables-growth#the-price-decline-of-electricity-from-renewable-sources