Europeans will be relying more on renewable energy for their electricity, with renewables set to generate more than half of the continent’s electricity by the end of the decade, a new report on the European power sector shows.
Wind energy is the stand out, providing 84% of renewable energy growth since 2015. Solar power accounted for 18% of the growth in renewables and biomass 10%. But most of the growth in wind power (65%) is being carried by a handful of European countries: Germany, France, Spain, the UK, Sweden, the Netherlands and Italy. And that growth is set to continue, with the European Commission expecting wind energy to more than double between now and 2030.
The EU renewables industry as a whole looks poised for solid growth over the next decade, and with the electrification of more industries, the demand for renewable energy is increasing. “Electricity consumption is forecast to rise 18% by 2030,” the report says, “therefore, renewables generation must rise by 18% by 2030 just to maintain today’s 35% share.”