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Day: April 5, 2024

Surge in renewables output slashes power prices in Spain and Portugal

The cityscape of Lison, Portugal

In March, prices dipped to just €19.26 per megawatt hour in Portugal as renewables covered 91% of the country’s electricity needs.

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Europe’s power sector emissions plunged 24% in 2023 as renewables advanced

A wind farm combined with agriculture

Emissions from electricity production plunged 24% year on year.

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Danish pension fund P+ to ditch fossil fuel companies with expansion plans

An oil field

“Fossil expansion is not compatible with the Paris Agreement’s goal of keeping temperature rises below 1.5°C.”

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