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Mmastodon WorldEU Politics first seen 6 h ago, last 3 h ago, peak #5

Solar and wind cut Europe's electricity costs by 25%

Original: »‘Decoupling from fossil fuel shocks’: Europe’s electricity made 25% cheaper thanks to # solar and # wind […] An analysi

An analysis by SolarPower Europe says the expansion of solar and wind has made electricity across Europe roughly 25% cheaper, saving more than €100 million per day by reducing reliance on fossil fuels. The report describes the shift as 'decoupling' European power prices from volatile fossil fuel shocks, adding weight to arguments that renewables deliver both climate and economic benefits.

Why now: The SolarPower Europe analysis is fresh and feeds ongoing debates about energy prices and the value of the renewables transition.

SolarPower EuropeEuropesolar powerwind power

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