Decline in EU renewables increases power prices and fossil fuel use

Decline in EU renewables increases power prices and fossil fuel use A decline in renewable energy output across the European Union has led to rising power prices, as well as a greater dependence on coal and natural gas. Wind power, which usually reaches a seasonal peak in Europe during the winter, has dropped by over 20% in some countries. Reduced wind energy production has driven natural gas prices to a two-year high, while coal prices have risen by about 12% since mid-2024. An upcoming Arctic blast is expected to further increase fossil fuel use for heating and potentially exacerbate already