Mmastodon EnvironmentEnergy first seen 1 d ago, last 34 min ago, peak #7
Wind and solar saved UK $7.8 billion in gas imports during Hormuz crisis
Original: Wind and solar helped the UK avoid US$7.8 BILLION in gas imports during the Hormuz crisis. That’s what breaking fossil f
Greenpeace says the UK avoided $7.8 billion in gas import costs during the recent Strait of Hormuz crisis thanks to wind and solar generation. The group presents it as proof that cutting fossil fuel dependence shields economies from oil and gas shocks, and is calling on governments still backing new oil and gas projects to explain themselves while scaling up renewables instead.
Why now: The Strait of Hormuz tensions renewed concern over gas import dependence, making renewable energy's role in shielding the UK from price shocks a timely talking point.
GreenpeaceUnited KingdomStrait of Hormuz
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