EU power sector emissions fall sharply again in 2024 as renewables advance

2 comments

1. Nice of them to offset chinas new coal plants

2. [Original press release](https://www.eurelectric.org/news/electricity-in-2024-emissions-hit-historic-low-average-prices-declined-but-demand-did-not-pick-up/) the article is about:

   >2024 was a year of records for the European power sector shows Eurelectric’s data. Emissions were cut by 59% compared to 1990 levels thanks to higher renewables. As a result, the EU achieved the cleanest power generation mix ever. Negative prices broke another record, occurring 1,480 times. Positively, the average EU day-ahead wholesale electricity price declined by 16% compared to 2023, with some notable exceptions in the last quarter of the year.

   >Renewables contributed 48% of the EU power generation mix, followed by nuclear at 24% and fossil fuels at 28% – the lowest share ever. While nuclear remained the single leading technology in producing power, wind kept its lead over natural gas from the past year. Electricity from hydro and solar PV remarkably increased by more than 40 TWh year-on-year.

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