164.19 GW : 2021, 204.09 GW : 2022, 259.99 GW : 2023
Solar energy is radiation from the Sun that is capable of producing heat, causing chemical reactions, or generating electricity. The total amount of solar energy incident on Earth is vastly in exce...
EU definition of renewable hydrogen ; Renewable hydrogen is promoted in the EU via several instruments including the targets set out in the Renewable Energy Directive. ; To ensure that the hydrogen is produced from renewable energy sources and achieves at least 70% greenhouse gas emissions savings, the Commission adopted in June 2023 two delegated acts. ; The new rules will apply to both domestic producers and international producers exporting renewable hydrogen to the EU. ; The Delegated Act on a methodology for renewable fuels on non-biological origin, defines under which conditions hydrogen, hydrogen-based fuels, or other energy carriers can be considered as renewable fuels of non-biological origin (RFNBO).
Key energy figures(a) Energy mix – 2021 Electricity mix... taken into account the intervention fields (SWD(2021) 184... 029 - Renewable energy: solar; 032 - Other renewable energy...
EU gas and electricity markets made considerable progress in 2023 in diversifying supplies, incorporating more renewables and returning to stable, more affordable prices after the energy crisis of 2022, according to the reports for the 4th quarter of 2023, which were published today. Completing the picture for developments in 2023, the reports highlight that overall gas consumption was 7% lower than in 2022 and 20% lower than in 2021. Linked to this, overall imports of Russian gas dropped to 43 billion cubic meters (bcm), relative to 79 bcm in ...
In Q2 2023, solar generation surged by 18% (+11 TWh)... Q2 2023 numbers translated into a 21% of market share, lower than... and electricity markets happening through the energy transition...
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European gas markets were characterised by a continued decline in gas prices in the second Quarter of 2023, as well as a further reduction in gas demand and a reinforced shift towards LNG imports, especially from the United States to replace Russian pipeline gas, according to the latest Commission Quarterly Gas Market Report published today. For electricity markets, too, the second quarter trend was a continuation of positive market fundamentals that supported a fall in wholesale electricity pri...
European electricity and gas markets in the third quarter of 2023 were characterised by continued recovery from record high price levels seen in 2022, but gas prices showed that the market remains volatile, according to the quarterly reports on the EU gas and electricity markets. The gas markets report outlines the continued decline in gas consumption and production, lower import volumes and gradually increasing wholesale prices amidst increased market volatility. Overall, the EU gas market stre...
18 2.3.3 Solar PV. 21 2.3.4 Concentrated solar power (CSP)... energy (LCOE): is an indicator for the price of electricity or... take into consideration costs related to the construction...