Drop in demand drives EU fossil fuels to fall

A fall in demand drives coal and gas lower in the first half of 2023, as solar makes gains. The first half of 2023 saw a collapse in EU fossil generation, leading to the lowest output on record. Wind and solar continued their growth, with solar generation increasing by 13% and wind by 5%. Hydro and nuclear are recovering from their historic lows in 2022, though their long term outlook is uncertain. The fossil fall was predominantly driven by a significant drop in electricity demand, amid persistently high gas and power prices, a reduction in industrial output and emergency measures […]