Renewables and grid flexibility could lead to electricity price drop of 25% by 2030

A new report by SolarPower Europe finds that more renewables, electrification and flexibility can boost European competitiveness, slashing average day-ahead energy prices by a quarter in the next six years and a third by 2040. Increasing use of renewables, electrification and grid flexibility would structurally ease electricity costs for consumers, increase European competitiveness and reinforce the business case for solar power, according to a new report by SolarPower Europe. "Mission Solar 2040: Europe's Flexibility Revolution" examines the interplay between the rollout of PV capacity and the ...

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