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50% cheaper to generate from renewable energy, according to new analysis

According to a new analysis of the energy think tank Ember, the cost of generating electricity from a power plant using fossil fuels is about twice the cost of generating electricity from a renewable energy source.

Ember’s findings news, reported on Yahoo !, arrived with the announcement of a mid-year analysis of the energy sector. The data presented surveyed the power generation of 27 major EU countries during the first six months of the year and compared it to 2019 during the same period in 2020 and before the pandemic.

50% cheaper to generate from renewable energy, according to new analysis

Source link 50% cheaper to generate from renewable energy, according to new analysis

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