The sharp rise in fossil gas prices in 2021 has led to a substitution of gas for renewables in the European Union at the expense of a further coal phase-out, says a report that was published by the Ember think-tank on Tuesday 1 February.
While the generation of renewable electricity in Europe grew by an average of 44 TWh per year between 2019 and 2021, Ember estimates that more than half (52%) of this new generation was a substitute for gas-fired electricity, compared to only one sixth for...