Solar energy leads Europe - Sets historic record for June, with over 22% of total
Solar power became the leading source of electricity in Europe in June for the first time in a full month, contributing 22.1% of total generation. The sector surpassed nuclear power plants (21.8%) and wind power (15.8%), British think tank Ember said.
Following these sources were natural gas (14.4%) and hydroelectric plants (12.8%), according to the report.
For at least 13 days, a record was broken in energy production from photovoltaic panels, due to continuous installations and thanks to sunny days on the continent.
Wind energy also recorded historic figures, contributing 15.8% of production in June and 16.6% in May, although the start of the year was difficult due to less favorable conditions and weaker winds.
Coal-fired power plants made up a dramatically reduced share of the European mix, at just 6.1%, according to Ember. The two countries that rely most on coal, Germany and Poland, also reduced production last month, to 12.4% and 42.9% respectively.
However, as overall energy demand increases, fossil fuels, especially coal and gas, are not going away. Thanks to their combustion, 23.6% of European electricity was produced in June, up from 22.9% in May 2024.
More gas was used in the first half of the year, compared to the same period in 2024, mainly due to lower availability of hydroelectric facilities, Ember further explained.
Germany plans to buy fighter jets from the US - The decision comes after tensions with France over the joint project
Germany plans to buy 15 additional F-35 fighter jets, Politico reported, citing people familiar with the matter. The move would increase Germany's fleet of......
Greece lacks IT experts - Latest EU rankings for number of technology specialists
While digital transformation and investment have been in the spotlight in recent years, finding talent, especially in the information technology sector, has......
IEA: Oil market constrained - Agency predicts supply surplus for 2025
The global oil market may be tighter than it appears, despite a supply-demand balance that points to a surplus, the International Energy Agency said. The......
50 MWp solar plant in Belsh by KESH - Government approves guarantee agreement for 30 million euro loan from EBRD
The Council of Ministers has approved in principle the guarantee agreement with the European Bank for Reconstruction and Development (EBRD), which paves the......
Governor Sejko, meeting with the IMF mission – In focus, the challenges facing the domestic economy
The Governor of the Bank of Albania, Gent Sejko, held a meeting with the International Monetary Fund (IMF) mission, led by Anke Weber, Chief of Mission for......
Over 13 thousand farmers added to the pension scheme - Fier leads in number of contributors, Kukës remains informal
Agricultural financing schemes have also encouraged formalization in this sector, as it is a key condition for obtaining funds. Official data from the......
Financing of the Durrës-Rrogozhina railway - Government approves in principle the loan agreement with the EBRD
The government has approved in principle the loan agreement with the European Bank for Reconstruction and Development for the financing of the first phase of......
Rama: The tax for the second home will be higher!
During a discussion with mayors in Durrës, the country's Prime Minister, Edi Rama, warned that new reference prices for properties will be announced in a......
