The European Commission has reported significant advancements in clean energy production and unveiled plans for future investments to sustain this progress. In its latest update, the Commission highlighted record levels of clean energy generation in the third quarter of 2024, alongside notable reductions in fossil fuel use.
Key achievements include:
Solar power production surged by 23%, reaching a record 87 TWh.
Offshore wind generation increased by 21%, and onshore wind by 2%.
Hydropower efficiency improved, with output rising by 13%.
Fossil fuel electricity generation dropped by 11%, hitting an all-time low of 165 TWh.
These milestones underscore the EU’s commitment to energy independence and its role in driving down energy costs through locally produced clean energy.
To sustain this momentum, the Commission announced the upcoming “Affordable Energy Plan,” set to launch in February 2025. The plan aims to attract investments in next-generation clean energy technologies, bolstering energy security and advancing environmental sustainability across Europe.
These initiatives are positioned as essential steps in achieving the EU’s long-term climate and energy goals while strengthening its energy resilience.