[ad_1]
The fourth energy market report published by the European Commission confirms the growth in Europe of photovoltaics, wind power and hydroelectricity in electricity generation.
In the old continent renewable energies are growing and fossils are falling: the fourth report on the European electricity markets for the second quarter of 2018 indicates in this respect that hydroelectric, photovoltaic and wind energy they reached the unprecedented peak, covering 38% of electricity demand, while coal, gas and nuclear lost 3 to 1 percentage point.
In April and May 2018, total renewable energy production in the EU exceeded 80 TWh, a value 1.5 to 2 times higher than the annual electricity consumption of a country. like the Czech Republic and Hungary. . The share of 38% renewable energy in energy production exceeds even 32% of the total electricity consumption set by the Union last June in the climate-energy package.
In the reference quarter i average wholesale price of electricity they amounted to 44 € / MWh, comparable to the previous quarter, but up 18% compared to 2017. In April 2018, the climate was less mild than usual, which resulted in a drop of residential demand and monthly wholesale prices. rather low electricity in much of Europe. On the other hand, the high temperatures of June 2018 have increased demand in many countries of southern and eastern Europe.
In the second quarter of 2018, electricity consumption increased only moderately, by 0.3%, compared with an annual GDP growth of 2.1% EU. Among factors affecting electricity generation costs, natural gas, coal and oil prices increased significantly over the previous year. Coal and gas consumption in electricity production in the EU has declined, the increase in coal, gas and carbon prices has not helped to improve profitability technologies using fossil fuels.
In particular, gas consumption in the EU has decreased by 8% compared to the previous year, due to the mild climate and the lower use of gas in the electricity sector. internal gas production decreased by 12% compared to the previous year. Imports increased by 3% on an annual basis.
A set chapter is dedicated toItaly and report theexcellent hydroelectric production performance significantly increased by 60% in the second quarter of 2018 compared to the previous year, and 27% of Italy's electricity production mix. Coal production is also increasing. Wind production remained stable compared to the previous year and natural gas and solar production declined slightly.
[ad_2]
Source link
