Spanish households save €10 a month thanks to renewables expansion, report finds

NEWS SUMMARY

Spanish households are saving an average of €10 per month on electricity bills due to the expansion of wind and solar power over the last five years, according to a report by climate thinktank Ember. This strategic renewable energy growth has shielded consumers from fossil fuel price volatility, particularly since Russia's invasion of Ukraine in 2022, though further structural changes are needed to ensure long-term resilience.

Full BriefGenerated 54d ago

Thinktank says decoupling electricity from gas prices has also helped shield Spain from hikes caused by Iran warSpanish households save €10 a month on electricity bills because of wind turbines and solar panels installed in the last five years, a report has found. Typical energy bills would be 19% more expensive if electricity costs were still as tightly coupled to gas prices as in 2021, according to Ember, a climate thinktank.

This page aggregates and summarizes reporting from The Guardian Europe. The Conflict Pulse does not author original reporting. Read the original source for full coverage.

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