The following submission statement was provided by /u/EnergyTransitionNews:

Over the next few years, as European countries look at installing more renewable energy capacities to reduce their carbon emissions, the average capital cost of these installations will drop to US$1.3 per Watt, the report said.

The TTF gas price is expected to stabilize by the end of the decade and may drop to US$31 per MWh. The Levelized cost of energy (LCOE) from gas would reach about US$150 MWh at this price. While this might sound cheap in comparison to what consumers in Europe are paying today, it will still be three times as much the LCOE from solar facilities, the report added. For gas to remain competitive as a fuel, its prices would have to drop to US$17 MWh, which the report calls "unthinkable" in the current scenario.

Please reply to OP's comment here: https://old.reddit.com/r/Futurology/comments/zbkhqn/solar_energy_in_europe_will_be_10_times_cheaper/iyrk72k/