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Nearly 50% of electricity in the EU generated from renewable sources but electricity prices remain high

According to the latest statistics issued by Eurostat, up 47.5% of all electricity in the EU was generated from renewable energy sources with a 2.1% increase from the previous year. The renewable energy sources were composed of wind, with up to 38%, hydro-power with up to 26.4% and solar power with up to 23.4%.

Austria has the highest rate of energy created by renewable energy sources with up to 90.1% of its energy by renewables with most of it being hydro-power. Austria is followed by Sweden with up to 88.1% mostly with hydro and wind and Denmark with up to 79.7% with mostly wind.

The countries generating the lowest share of electricity from renewables are Malta with up to 10.7%, Czechia with 17.9% and Luxembourg with up to 20.5%.

Denmark has some of the highest electricity prices in the EU despite its overwhelming use of renewable energy sources.  Malta has some of the lowest electricity prices in the EU due to significant subsidies.


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5 responses to “Nearly 50% of electricity in the EU generated from renewable sources but electricity prices remain high”

  1. […] energy union and this will help stabilise European electricity prices. European electricity prices remain high despite the drive to non-renewable […]

  2. […] use of renewable energy sources in Malta is at 10.7% which is the lowest in the EU. Energy prices remain high despite the rising use of renewable energy sources in […]

  3. […] Europe whilst having some of the lowest electricity prices in Europe. This is in deep contrast to Denmark which has an overwhelming use of non-renewable energy sources but some the highest electricity […]

  4. […] The ECA also criticised the Critical Raw Materials Act due to its lack of defined and binding targets. The EU aims to increase domestic production via recycling and local production but the number of exploration projects remains too low. Processing facilitates are also necessary to process product but these are closing down due to high electricity prices. […]

  5. […] solution the government is offering is renewable-energy which as is in the real case in Europe, does not guarantee lower electricity prices. The Foreign Minister Ian Borg held a meeting with US Energy Secretary Chris Wright and discussed […]

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