He was commenting on a report about how renewables trumped coal and gas in electricity generation in Europe.
. However, only a third of it was actually used for electricity generation from wind, and solar stepped up.When it really mattered, it was the long-term policy of governments that worked rather than the reflexive buying of fossil fuel. According to the analysis of the clean energy think tank Ember, solar energy grew by 24 percent in 2022 alone, saving the continent around $10 billion in gas import bills.
Together wind and solar energies accounted for 22 percent of the electricity produced on the continent, with gas accounting for another 20 percent. Coal consumption showed a 1.5 percent increase from 2021, accounting for 16 percent of electricity produced. Energy consumption during the winter months toward the end of the year also remained low as temperatures remained mildly cold, and the cost of living crisis also kept energy demand low,2023 has begun on a brighter note for the European Union, with gas generation down 37 percent and estimates of fossil fuel generation pegged to plummet by 20 percent.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Twitter Offers No Explanation as It Puts an End to CoTweetsThe Elon Musk-owned company dropped the CoTweets feature Tuesday after just six months of testing.
Read more »
Elon Musk's Vision of Twitter 2.0 Includes Crypto Payments | CoinMarketCapAn early leader in the creation of PayPal, the Twitter and Tesla CEO has consistently pushed a vision turning the social media platform into an 'everything app' that incorporates payments.
Read more »
Media Bias Alert: Elon Musk Apologizes for Sharing Paul Pelo...MEDIA BIAS ALERT: Only one side of the media covered elonmusk's apology for sharing an unfounded theory about the Paul Pelosi attack.
Read more »
Elon Musk and Jeff Bezos both love HBO's 'The Last of Us'Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Read more »
EU warns Elon Musk that Twitter must improve to comply with upcoming regulationsA top European Union official told Elon Musk on Tuesday that Twitter Inc. will have to do more over the coming months to prepare for the bloc’s new...
Read more »
Elon Musk Warned About Incoming EU Social-Media LawElon Musk has been warned about the European Union’s incoming social-media law as the bloc says it will be vigilant in monitoring Twitter’s compliance
Read more »