According to a new report by the European Wind Energy Association, renewables accounted for about 71% of all new power installations in Europe last year. As the Financial Times summarises, in total 32 GW were installed, up from 23 GW in 2010.
Solar photovoltaics accounted for 47% of all new installations, more than wind and gas, the next two biggest, taken together. Italy became the biggest market with 9 GW. In 2010, Italy had installed only 2 GW. Wind stayed flat at 9.6 GW.
How did Nobel laureate Paul Krugman put it? “Here comes solar energy!”
On the bad side, more new coal was installed than was decommissioned for the only the third time since 1998, highlighting the need for climate policy to become more ambitious.