New energy market reports show surge in wind energy
The European Commission’s latest reports on gas and electricity markets, which cover the last quarter of 2017, have just been published, containing a wide range of data about supply and usage of electricity and gas in the EU.
The electricity market report confirms that over the last few years electricity consumption in the EU has clearly been decoupled from economic growth. The EU’s GDP increased by almost 12% between 2010 and the end of 2017; over the same period, electricity consumption decreased by 4%. Moreover, in December 2017 more energy from wind was generated in the EU than ever before: 41 TWh (terawatt hours), equivalent to 16% of the EU’s electricity mix.
Published in Modern Diplomacy, 1st April, 2018