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‘Decoupling from fossil fuel shocks’: Europe’s electricity made 25% cheaper thanks to solar and wind

‘Decoupling from fossil fuel shocks’: Europe’s electricity made 25% cheaper thanks to solar and wind

AI Briefing

  • Europe's electricity prices have dropped by 25% thanks to increased solar and wind power
  • Renewables are becoming a more significant contributor to the energy mix, driving down prices
  • The trend is expected to continue as more renewable energy sources come online
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