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Eu Electricity Demand Rises Without Increasing Emissions According To A Study

According to a report released Wednesday by the energy think tank Ember, electricity demand in the European Union has recovered to pre-pandemic levels without a corresponding increase in emissions.
According to the paper, an review of data from grid operators revealed that electricity demand in the EU in the first half of 2021 nearly mirrored demand in the same six-month period two years prior.
Nonetheless, renewable sources generated much more electricity in the first half of this year than in the first half of 2019, whereas fossil fuel power has fallen since before the pandemic, according to the research tank.
According to Ember, this led in a 12% reduction in greenhouse gas emissions in the EU power sector over a two-year period.
Throughout the first half of 2021, rising costs, notably for gas, and higher carbon pricing contributed to the relative drop in fossil fuel use.
In the last six months, the day price per ton of CO2 on the EU Emissions Trading Scheme has risen from around 33 euros to more than 50 euros.
Nonetheless, the cost of renewables has been steady since 2019, according to Ember.
According to the researchers, generating electricity from existing natural gas and hard coal facilities is now about twice as expensive as generating electricity from new wind and solar power sites in Spain, Italy, Germany, and France.
The Ember research was “absolutely feasible,” according to Alexander Dusolt, a senior associate at energy consultancy Agora Energiewende. Nevertheless, he added that some nations, such as Spain, have had a dramatic increase in renewable energy output recently, while others, such as Germany, have seen a less pronounced increase.
The EU’s 27 member states want to reduce greenhouse gas emissions by 55% by 2030 compared to 1990 levels, a goal that experts say will necessitate even more drastic reductions in fossil fuel consumption.
Coal, gas, and oil electricity presently make for around 45% of the EU’s electricity supply.

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