Most European Union countries have boosted their renewable plans since 2020, putting them on course to cut fossil fuel use this decade as the energy and COVID-19 crises have spurred, not derailed their green transition, researchers said on Thursday.

Soaring energy costs and supply shocks triggered by Russia’s invasion of Ukraine have prompted some countries to burn more coal and buy up non-Russian gas, raising fears this will undermine efforts to fight climate change.

An analysis of EU countries’ climate policies suggests, in the longer run, the opposite should be true.

Ukraine War, Pandemic Set to Speed Europe’s Green Energy Transition | Devamı>>>

The decade 2010 to 2020 saw renewable power generation becoming the default economic choice for new capacity. In that period, the competitiveness of solar (concentrating solar power, utility‑scale solar photovoltaic) and offshore wind all joined onshore wind in the same range of costs as for new capacity fired by fossil fuels, calculated without financial support. Indeed, the trend is not only one of renewables competing with fossil fuels, but significantly undercutting them, when new electricity generation capacity is required.

Renewable Power Generation Costs in 2020 | Devamı>>>