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Renewables muscle fossil fuels out of EU electricity market, says research

Renewables muscle fossil fuels out of EU electricity market, says research

Summary

Solar and wind energy generated more electricity than fossil fuels in the European Union last year. These renewable sources made up 30% of the EU's electricity, slightly surpassing coal and gas. If other renewable sources like hydro and biomass are included, the share of renewables in the EU's electricity rises to 48%.

Key Facts

  • Solar and wind power generated 30% of EU electricity, more than coal and gas at 29%.
  • Including hydroelectricity and biomass, renewables account for 48% of EU electricity.
  • Nuclear energy, which does not emit greenhouse gases, provided 23% of EU power.
  • The growth in solar power was partly due to reduced gas supplies from Russia following its conflict with Ukraine.
  • Rooftop solar panels have contributed significantly to the increase in solar energy.
  • Solar and wind energy have had high growth rates for 23 years, as per the International Energy Agency.
  • In Greece, rapid increases in solar capacity led to excess supply, which caused some electricity generation to be curtailed.
  • In the U.S., emissions increased 2.4% last year, with President Trump halting the closure of coal plants and pulling back on renewable energy incentives.

Source Information