Solar costs fall to $57/MWh
EU solar generation hits new summer peaks
Solar sector provides 10pc of EU27’s power for first time during June-July peak period, Ember analysis shows
Solar power generation in the EU hit record levels during the peak months of June and July, providing a tenth of the bloc’s electricity for the first time, according to analysis by thinktank Ember. The EU saw solar generation hit 39TWh, up by 5.1TWh from the same period last year. Solar output in June-July 2020 was up 3.1TWh on the previous year, while June-July 2019 output increased by 2.6TWh from the year before. Despite recent gains, solar’s share of EU power generation remains lower than coal’s, which accounted for 14pc (58 TWh) of EU electricity generation over June-July 2021. However, solar is poised for rapid growth as its costs fall sharply, according to Ember and other analysts. The
Also in this section
22 July 2025
Sinopec hosts launch of global sharing platform as Beijing looks to draw on international investors and expertise
22 July 2025
Africa’s most populous nation puts cap-and-trade and voluntary markets at the centre of its emerging strategy to achieve net zero by 2060
17 July 2025
Oil and gas companies will face penalties if they fail to reach the EU’s binding CO₂ injection targets for 2030, but they could also risk building underused and unprofitable CCS infrastructure
9 July 2025
Latin American country plans a cap-and-trade system and supports the scale-up of CCS as it prepares to host COP30
