EQS-News

Renewables, for the first time in 2023 'clean' sources produced two thirds of electricity in the EU.

EQS-News: Energy S.p.A. / Key word(s): Study  Renewables, for the first time in 2023 'clean' sources produced two thirds of electricity in the EU.  13.02.2024 / 08:00 CET/CEST The issuer is solely responsible for the content of this announcement.  Renewables, for the first time in 2023 "clean" sources produced two thirds of electricity in the EU.

The proprietary technology of Energy S.p.A.'s storage systems it is already suitable for a wide range of renewables, including wind.
CEO Tinazzi: “The use of storage will accelerate the energy mix”.
 

Sant'Angelo di Piove di Sacco (Padua), February 13, 2024 – Less coal and gas, foot on the accelerator of renewables. This is what emerges from an analysis by the Ember think tank on the production of fossil fuels and the role of green energy in the EU. The data highlights how not only did the weight of coal and gas in the European Union's electricity production collapse in 2023, recording an unprecedented decline, but for the first time in history their decline was compensated by the increase in green sources and renewables have exceeded 40% of EU electricity, reaching 44%. "Clean" sources, in total, exceed two thirds of the energy mix. Wind and solar produced 27% of the EU's electricity in 2023. With an increase of 13%, wind rose to 18% of the mix, or 475 TWh, and overtook gas for the first time (which fell to 17% of the mix).

A boost to the green transition that also comes from the Net Zero Industry Act. The European institutions have in fact reached a provisional agreement on the regulation that establishes a framework of measures to strengthen the European ecosystem to produce zero-emission technological products (Net Zero Industry Act - NZIA). The legislative proposal, deriving in turn from the Green Deal industrial plan, aims to increase the European Union's productivity of strategic zero-emission technologies to support the transition towards clean energy. The objective is for the Union's global strategic production capacity for net-zero emissions technologies to reach at least 40% of the annual deployment needs by 2030.