Financing wind in Montenegro,...

The landscape of renewable finance in Southeast Europe has undergone a profound transformation....

How Southeast Europe’s grid...

Wind development in Southeast Europe is accelerating at a pace unimaginable only a...

Serbia–Romania–Croatia: The new triangular...

For years, the Iberian Peninsula defined what a wind powerhouse looked like inside...

The bankability gap in...

The transformation of Southeast Europe into a credible wind-investment region has been rapid,...
Supported byClarion Energy
HomeSEE Energy NewsEU: Renewable energy...

EU: Renewable energy reached record share in electricity production in 2023 – Ember

Renewables provided a record high of 44% of electricity in the European Union 2023, surpassing the 40% mark for the first time, according to Ember’s European Electricity Review 2024,

Growth was driven by wind and solar, which produced a record 27% of EU electricity last year, up from 23% in 2022.

Wind and solar generation together increased by a record 90 TWh and their installed capacity expanded by 73 GW.

In 2023, more solar was added than in 2022 – 56 GW compared to 41 GW, but the year-on-year generation growth of 36 TWh was below the 48 TWh spike observed in 2022.

Wind power, meanwhile, achieved a milestone by surpassing gas for the first time as it grew by a record 55 TWh from 2022 levels.

Ember also said that fossil generation dropped by 19%, or 209 TWh, in 2023, and for the first time represented less than a third of the EU’s electricity mix. EU power sector emissions also fell by 19%.

It noted that the decline in fossil fuel generation was aided by falling electricity demand, but added the latter is unlikely to continue as electrification increases.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Financing wind in Montenegro, Serbia, Croatia and Romania — why international lenders are returning to Southeast Europe

The landscape of renewable finance in Southeast Europe has undergone a profound transformation. A decade ago, lenders viewed the region with a degree of caution, shaped by fluctuating regulatory frameworks, limited track records, and the perceived fragility of local...

How Southeast Europe’s grid bottlenecks will reshape project valuation, offtake strategy and EPC designs by 2030

Wind development in Southeast Europe is accelerating at a pace unimaginable only a decade ago, yet the region’s grid infrastructure is straining under the weight of its own renewable ambition. Serbia is preparing for multi-gigawatt expansion, Romania is restarting...

Serbia–Romania–Croatia: The new triangular wind corridor — is Southeast Europe becoming Europe’s next Iberia?

For years, the Iberian Peninsula defined what a wind powerhouse looked like inside Europe: strong resource, open land, grid-ready corridors, competitive auctions, and the steady inflow of international capital. Investors seeking scale, yield, and policy clarity migrated naturally towards...
Supported byVirtu Energy
error: Content is protected !!