EU’s power sector emissions have steep drop as renewables surge – E&E News by POLITICO
Category: European Union
BRUSSELS The European Union saw carbon dioxide emissions from power plants and industrial sites drop a record 15.5 percent last year, the blocs executive said.
The main reason: Soaring renewable energy output caused fossil fuel-produced electricity to drop steeply in 2023, with power sector pollution falling 24 percent compared to 2022.
In a statement late Wednesday, the European Commission called the 15.5 percent decline in emissions covered by the blocs carbon market also known as the Emissions Trading System (ETS) a record reduction.
The 2023 drop was even steeper than in 2020, when the coronavirus pandemic drove ETS emissions down 13.3 percent, followed by a 7.3 percent rebound in 2021. In 2022, emissions declined by less than 2 percent.
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EU's power sector emissions have steep drop as renewables surge - E&E News by POLITICO
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