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Renewable energies are the solution to the high prices of fossil fuels: in January they generated 59.4% of electricity and lowered the market price by 65% in Spain image

— 07 February, 2023

Renewable energies are the solution to the high prices of fossil fuels: in January they generated 59.4% of electricity and lowered the market price by 65% in Spain

A new monthly renewable generation record has been set with 13.5 TWh (59.4% of the total). Mainly driven by the large contribution of wind (32.4%), and also of hydro (17.7%) and photovoltaic (7.1%) in electricity generation, the spot price of the electricity market was reduced by 65% compared to Jan...

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