Nice. Let’s pump up nuclear and renewable. We need to drop CO2 asap.
this post was submitted on 02 Jul 2023
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let's shoot for ~~50~~ 70!
You missunderstood the original post 31.7% are fossil fuels, so the other 68.3% are renewable and nuclear.
Yes, I'm sorry if I presented that confusingly. That 31.7% is new record low for a first half year, both in terms of fraction of overall load and in absolute terms. The rebound after Corona was really short-lived and hopefully we'll see that record beaten every year from now on. Let's shoot for 0 fossil fuels!
Also the electricity prices are becoming very intressting today at 14:00 CET prices drop to some insane levels. Germany, Hungary, Austria, Croatia, Luxembourg and the Netherlands have prices at -500€/MWh. Slovenia goes down to -1413€/MWh.
The more renewables, the less fossils and nuclear, the cheaper energy gets...
Since the increase of renewables was by 30.5 TWh and the decrease of fossil fuels was by 88.3 TWh means that the EU also produced less electricity and thus needed less of it, correct?
Yes, that is correct. The first half of 2023 was a new record low in electricity consumption for first half years (since 2015). You can also see that by toggeling the "Load" category. Extreme values in the tracked time period: maximum load 1,347 TWh in 2018 and minimum load this year with 1,219 TWh. Compared to last years first half there was:
- a reduction of load by 79.7 TWh
- a reduction of nuclear output by 11.9 TWh
- a reduction of conventional output by 88.2 TWh
- an increase of renewable output by 30.5 TWh
Finally to make the sums match up, we can look at the import balance: in the first half of 2022 the EU net imported 5.771 TWh, this year it net exported 4.23 TWh.