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    Home > Chemicals Industry > International Chemical > In 2020, the EU's renewable energy generation exceeded fossil fuels for the first time

    In 2020, the EU's renewable energy generation exceeded fossil fuels for the first time

    • Last Update: 2023-01-03
    • Source: Internet
    • Author: User
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    According to a report by think tanks Ember and Agora Energiewende, renewables such as wind and solar accounted for 38% of electricity generation in the EU's 27 member states, and fossil fuels such as coal and natural gas accounted for 37%
    in 2020.

    With new projects coming online and coal power phased out, renewables overtook fossil fuels as the EU's main source of electricity for the first time in 2020
    .

    Denmark has the highest share of wind and solar power, meeting 61%
    of its electricity needs by 2020.
    Ireland reached 35% and Germany 33%.

    The countries with the lowest share of renewable energy (less than 5%) are Slovakia and the Czech Republic
    .

    Residential and business restrictions aimed at limiting the spread of the novel coronavirus have reduced total electricity demand in the EU by 4%, but the impact
    is being felt more strongly by fossil fuel producers, the report showed.

    Specifically, coal-fired power generation fell by 20% in 2020 and halved
    since 2015.
    "Coal production has declined in almost every country, and ongoing coal collapses are in place
    long before Covid-19.
    "

    Many European countries are phasing out polluting coal-fired power plants to meet emissions reduction targets, but low electricity prices due to pandemic lockdowns have also made some unprofitable compared to cheap renewable energy generation
    .

    Dave Jones, senior power analyst at Ember, said: "Renewables will continue to grow as Europe continues to install more installed capacity
    .
    The jury is still out on whether fossil fuels will rebound, and if it does, it is not expected to be significant
    .

    According to a report by Bloomberg New Energy Finance, renewable energy investment in Europe reached $81.
    8 billion in 2020, an increase of 52%, the highest level since 2012, and the jump in offshore wind power is particularly pronounced
    .

    According to a report by think tanks Ember and Agora Energiewende, renewables such as wind and solar accounted for 38% of electricity generation in the EU's 27 member states, and fossil fuels such as coal and natural gas accounted for 37%
    in 2020.

    renewable energy

    With new projects coming online and coal power phased out, renewables overtook fossil fuels as the EU's main source of electricity for the first time in 2020
    .

    Denmark has the highest share of wind and solar power, meeting 61%
    of its electricity needs by 2020.
    Ireland reached 35% and Germany 33%.

    The countries with the lowest share of renewable energy (less than 5%) are Slovakia and the Czech Republic
    .

    Residential and business restrictions aimed at limiting the spread of the novel coronavirus have reduced total electricity demand in the EU by 4%, but the impact
    is being felt more strongly by fossil fuel producers, the report showed.

    Specifically, coal-fired power generation fell by 20% in 2020 and halved
    since 2015.
    "Coal production has declined in almost every country, and ongoing coal collapses are in place
    long before Covid-19.
    "

    Many European countries are phasing out polluting coal-fired power plants to meet emissions reduction targets, but low electricity prices due to pandemic lockdowns have also made some unprofitable compared to cheap renewable energy generation
    .

    Dave Jones, senior power analyst at Ember, said: "Renewables will continue to grow as Europe continues to install more installed capacity
    .
    The jury is still out on whether fossil fuels will rebound, and if it does, it is not expected to be significant
    .

    According to a report by Bloomberg New Energy Finance, renewable energy investment in Europe reached $81.
    8 billion in 2020, an increase of 52%, the highest level since 2012, and the jump in offshore wind power is particularly pronounced
    .

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