In a new publication published on 24 June, SolarPowerEU, the European solar energy association, shows that increasing renewable energies, electrification and grid flexibility could reduce electricity prices by a quarter by 2030 (25%) and by a third by 2040 (33%) compared to 2023 levels.
SolarPowerEU also estimates that by 2040, the EU could welcome 2.4 TW of solar energy, thanks to “a flexible and electrified system”, which would make it possible to meet 39% of the Union’s electricity...