In the first half of 2024, electricity generated from wind and solar sources surpassed that from fossil fuels for the first time, despite an increase in electricity demand and a return to pre-crisis energy price levels. This is according to a study by Ember, an organization specializing in energy sector analysis and research. The study found that renewable energy sources covered 30% of the EU's electricity needs, overtaking the 27% provided by fossil fuels. In thirteen member states, including Germany, Belgium, Hungary, and the Netherlands, renewables have outpaced fossil fuels for the first time.
The shift is attributed to a 17% reduction in energy from fossil fuels compared to the same period in 2023, with coal usage dropping by 24% and gas by 14%. Ember forecasts a 2-3% increase in electricity demand in the European Union for 2024, following a 3% decline in 2023. Renewables are expected to continue their growth, with solar power projected to increase by 29% and wind power by 9% compared to the previous year. Despite the anticipated rise in electricity demand, researchers predict a slight reduction in emissions from the energy sector in 2024.
