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ENERGY MARKET UPDATE - Wind & solar together made up for 30% of electricity production in Europe during H1 2024 The previsions forecast by the International Energy Agency (IEA) last year were correct. Wind and solar combined share in total electricity supply rose from 26% in 2023 to 30% in 2024 in Europe. It should increase to 33% in 2025. This H1 2024 increase marks another milestone: wind and solar overtook EU fossil generation for the first time. This significant growth was driven by the enhanced capacity of those kinds of energy projects and favorable weather conditions. For more details, read Ember's latest illustrated report of this summer. 👉https://lnkd.in/eagj6__w According to the IEA, PV alone is expected to meet roughly half of the growth in global electricity demand to 2025. Together with wind power generation, the expectation reaches 75% of the increase. These rises reflect the ongoing shift towards renewable energies, highlighting the accelerating efficiency and adoption of clean energy technologies and an other step in the important direction towards achieving climate goals. IEA article available here: https://lnkd.in/dZPxEiu3 #renewableenergy #europe #solar

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