Utilities & Grid
Green electricity dominates in an increasing number of European countries
Several heavyweights in the EU reached over 50% renewable electricity in their national energy mix in 2023. This shift increases price volatility and strains electrical grids. It's an undeniable sign that the energy transition is accelerating: in 2023, the club of European countries producing over 50% of their electricity from renewable sources has gained new heavyweights on the Old Continent.