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Mmastodon WorldEU Politics first seen 20 h ago, last 12 min 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 has found that solar and wind generation made Europe's electricity 25% cheaper and saved the continent more than €100 million per day by reducing reliance on fossil fuels. The report frames the shift as 'decoupling from fossil fuel shocks', arguing renewables are now delivering measurable savings for consumers and energy systems across Europe.

Why now: The SolarPower Europe analysis linking renewables to large cost savings is drawing attention amid ongoing debate over Europe's energy prices and dependence on fossil fuel imports.

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