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Mmastodon WorldEU Politics first seen 4 h ago, last 56 min ago, peak #5

Solar and wind made Europe's electricity 25% cheaper, analysis finds

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

An analysis by SolarPower Europe has found that solar and wind energy have cut Europe's electricity prices by 25% and saved the continent more than €100 million per day. The report describes Europe as 'decoupling from fossil fuel shocks', arguing that home-grown renewables are shielding consumers from volatile gas prices and reducing dependence on imported fossil fuels.

Why now: Energy prices and Europe's shift away from fossil fuels remain a live political and economic concern.

SolarPower EuropeEuropean Union

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