The rapid fall in costs of wind and solar power, combined with flexible demand technology, could replace “more than half” of coal and gas-powered electricity in Europe by 2030, according to new Study: Energy Union Chioces | CLEANER, SMARTER, CHEAPER
According to the analysis, the EU could confidently opt for a 61% share of electricity generated from renewable sources by 2030, instead of the 49% currently foreseen in EU projections.
In fact, the falling costs of wind and solar power, combined with demand flexibility, means that it’s actually cheaper to go for 61% renewables and to decrease today’s level of gas generation by around 50%, the report found.
The European Commission seems to chronically underestimate just how great a positive impact sustainable renewable energy can have.
Source: https://www.euractiv.com/section/energy/news/rise-of-cheap-renewables-disrupts-eu-energy-plans-for-2030
Study: Energy Union Chioces | CLEANER, SMARTER, CHEAPER