19 May 2024
INTERVIEW: Laszlo Varro, chief economist, International Energy Agency
Publication date: 28 October 2016
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As renewable investment costs decline, it appears only a matter of time before the cost of installing new wind and solar capacity becomes competitive with fossil fuels without subsidies – achieving so-called “grid parity”. But does this mean there will be less scope for gas-fired power in the future? Gas Matters spoke to Laszlo Varro, chief economist at the International Energy Agency (IEA), about grid parity, renewable growth and the outlook for gas markets.