Renewable power beat fossil fuels in EU for first time last year

Renewables are for the first time the dominant power source in Europe’s electric grid.

BY WILLIAN MATHIS, BLOOMBERG NEWS

In a year that saw pandemic restrictions sap energy demand across the continent, the drop in supply came mostly from more expensive power from fossil fuels. That helped green sources take the biggest share of the European Union’s generation, a portion that will keep growing as the bloc moves to achieve its climate goals.

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