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In 2017, Europe's renewable electricity demand rose 28.
3% year-on-year to 471 TWh
.
European renewable electricity demand rises 28% year-on-year in 2017
"The European renewable electricity market will continue to grow
strongly.
" Tom Lindberg, managing director of ECOHZ, a provider of renewable energy solutions, added that the market will be stronger and more balanced
than ever.
European consumers and businesses are increasingly meeting their green energy initiatives by recording records of renewable energy purchases, so demand is growing
.
According to the announcement, prices in the wholesale market have risen steadily compared to a year ago, and even the lowest price hovers around
0.
65 euros.
Lindberg said the value of Europe's renewable energy market was conservatively estimated at 450 million euros, two to three times
higher than a year ago.
The current market supply level in 2017 is 410 TWh, but it is expected to be revised up by at least 100 TWh
.
In 2016, the supply was 509 TWh
.
"As new multinationals join the global RE100 program, we believe renewable energy demand will continue to grow
.
" "While prices are higher than ever, they still don't reflect the real marginal value of renewables, so we can expect prices to rise
further in the coming years," Lindberg said.
”
，
In 2017, Europe's renewable electricity demand rose 28.
3% year-on-year to 471 TWh
.
European renewable electricity demand rises 28% year-on-year in 2017
European renewable electricity demand rises 28% year-on-year in 2017"The European renewable electricity market will continue to grow
strongly.
" Tom Lindberg, managing director of ECOHZ, a provider of renewable energy solutions, added that the market will be stronger and more balanced
than ever.
European consumers and businesses are increasingly meeting their green energy initiatives by recording records of renewable energy purchases, so demand is growing
.
According to the announcement, prices in the wholesale market have risen steadily compared to a year ago, and even the lowest price hovers around
0.
65 euros.
Lindberg said the value of Europe's renewable energy market was conservatively estimated at 450 million euros, two to three times
higher than a year ago.
The current market supply level in 2017 is 410 TWh, but it is expected to be revised up by at least 100 TWh
.
In 2016, the supply was 509 TWh
.
"As new multinationals join the global RE100 program, we believe renewable energy demand will continue to grow
.
" "While prices are higher than ever, they still don't reflect the real marginal value of renewables, so we can expect prices to rise
further in the coming years," Lindberg said.
”
，
