Figures do not lie: electricity speeds up on decarbonisation
- Sep 22, 2020 11:33 am GMT
Europe’s electricity industry is decarbonising at an increasing pace, with the rise of renewables and drop in coal-based power generation. But progress on the ground will be bigger once the remaining barriers are removed, argues Eurelectric’s Kristian Ruby
The fallout from the coronavirus pandemic has not eclipsed our decarbonisation commitments. This year so far, 66% of Europe’s electricity was generated by renewable and nuclear sources, almost 20 percentage points higher than a decade ago. Within the same timeframe, reliance on fossil fuels diminished, cutting the CO2 intensity of electricity by 23%.
Are this year’s figures a trend or an exception? For sure, the first half of 2020 was special. Weather conditions reduced the need for heating and were very favourable to renewable production. And the economic slump, triggered by the coronavirus crisis, also dampened energy demand, which in turn increased the pressure on fossil fueled electricity production due to their higher marginal costs.
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