EU saves billions in avoided gas costs thanks to renewables -report

Published 01:01 on February 22, 2023  /  Last updated at 19:11 on February 21, 2023  / /  EMEA, EU ETS

The EU has avoided €12 billion in gas costs due to its rapid growth in wind and solar power generation in the year since Russia invaded Ukraine, according to a report published by an environmental think-tank on Wednesday.  
The EU has avoided €12 billion in gas costs due to its rapid growth in wind and solar power generation in the year since Russia invaded Ukraine, according to a report published by an environmental think-tank on Wednesday.  


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