Latest Electrical News - WORLD
Spain Breaks Gas Link with Wind and Solar
MADRID - Spain has broken its reliance on fossil gas as soaring wind and solar energy drive Europe’s lowest wholesale electricity prices, reducing emissions, stabilizing the grid, and advancing renewable power, energy independence, and clean transition goals across the EU.
How Has Spain Broken the Gas Link with Wind and Solar??
Spain has broken the link between gas and power prices by rapidly expanding wind and solar generation, which now supplies nearly half its electricity, cutting fossil fuel influence by 75% since 2019 and reducing power costs 32% below the EU average.
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