Wind generators and photo voltaic panels produced greater than a fifth of electrical energy within the EU final 12 months, for the primary time offering extra energy than pure gasoline, a brand new report reveals.
The evaluation, from impartial power assume tank Ember, reveals that wind and photo voltaic produce 22% of the EU’s electrical energy all year long, whereas gasoline generates 20%. The report additionally reveals that the rise in renewable electrical era has helped to keep away from €10 billion ($10.89 billion) in gasoline prices.
Use of coal, essentially the most carbon-intensive fossil gasoline, rose 1.5% over the 12 months to generate 16% of Europe’s electrical energy—however this rise was short-lived, with thermal coal declining of late of the 12 months.
In the meantime, hydropower and nuclear era, which generate the lion’s share of electrical energy within the EU, each fell to the bottom ranges seen in 20 years. Dry situations throughout a lot of the continent have brought on river ranges to drop, chopping hydroelectric era, whereas nuclear reactors have been taken offline—some for upkeep, some completely.
The largest enhance when it comes to renewables was seen in photo voltaic, which elevated by 24%, offering a further 39 terawatt hours of electrical energy final 12 months. At least 20 EU international locations have achieved a report share of photo voltaic era.
General, the 12 months noticed a decline in electrical energy demand, with a 7.9% drop in demand within the final quarter of 2022 in comparison with the identical interval in 2021—a drop Ember attributed to hotter climate, affordability issues, and energy-saving behaviors of Europeans.
Ember predicts the carbon depth of electrical energy within the EU will drop additional by 2023, as nuclear energy stations come again on-line, and wind and photo voltaic deployments proceed. Analysts estimate a 20% drop in fossil fuel-based era by 2023.
“The clear energy transition in Europe has emerged from this disaster stronger than ever,” stated Dave Jones, Ember’s head of knowledge insights. “Not solely are European international locations nonetheless dedicated to eliminating coal, they’re now additionally attempting to section out gasoline. The power disaster has undoubtedly accelerated the electrical energy transition in Europe.”
“Europe is operating in direction of a clear, electrified economic system, and this can be on full show in 2023,” added Jones. “Change is coming rapidly, and everybody must be prepared for it.”
Ember famous that the primary two weeks of 2023 alone noticed a 29% discount in using fossil gasoline era. Coal and gasoline use is anticipated to fall additional this 12 months: analysts discovered the bloc used solely a 3rd of the 22 million tonnes of additional coal it imported to hedge towards components such because the shutdown of the nuclear reactor and the cessation of pure gasoline from Russia. . Ember concluded that EU international locations stay as dedicated to eliminating coal as they have been earlier than Russia’s invasion of Ukraine, whereas the transition from gasoline for electrical energy manufacturing will proceed unabated.
The report comes scorching on the heels of an power report from oil main BP predicting a drop in demand for gasoline and oil, fueled by Russia’s struggle in Ukraine.
“The elevated concentrate on power safety because of the Russia-Ukraine struggle has the potential to speed up the power transition as international locations search to extend entry to domestically produced power, a lot of which is prone to come from renewable and different non-fossil fuels,” stated BP’s chief economist, Spencer Dale.
In a graphic, BP says that Russia’s invasion of Ukraine is “completely undermining demand for fossil fuels.”
Responding to the Ember report, Frans Timmermans, government vice chairman for the European Inexperienced Deal on the European Fee, stated: “We now have seen a unprecedented acceleration within the tempo of constructing renewable power … It’s clear that the residents of Europe needs to profit from low-cost, clear power.”
Timmermans stated the figures present that the EU’s goal of 45% renewables by 2030 is “bold however completely possible. Europeans know we have to wean ourselves off fossil fuels. Renewals are important to fixing the local weather disaster and chopping air air pollution. They’re additionally important to finish our dependence on Russian fossil fuels.”
Elif Gündüzyeli, senior power coverage knowledgeable on the NGO coalition CAN Europe, says: “The European Electrical energy Overview 2023 confirms that the discount in demand, mixed with extra wind and photo voltaic era can change these fossil fuels within the electrical energy sector. It does not take a fossil gasoline disaster to hit to grasp it and act accordingly. Gündüzyeli urged European lawmakers to “trip this wave and agree on increased power financial savings and sustainable renewables targets.”
The Ember report “European Electrical energy Overview 2023” may be seen HERE.