Posted by: Windfair Editors
Coal Faced Darkness during COVID-19 Lockdown
Official Press Release GlobalData:
Germany, Spain and UK to foster green Europe transition, while coal-based generation faces darkness in the COVID-19 standstill, says GlobalData
The COVID-19 pandemic drew the curtains over coal-based generation. Especially countries such as Germany, Spain and the UK, which saw the most decline in electricity demand and marshaled other countries in the expanding of power generation from renewable sources.
GlobalData estimates that the year-on-year generation from wind and solar PV in EU countries is expected to be 10-15% more in 2020, clearly highlighting the boost these sectors have had amid the pandemic. Somik Das, Senior Power Analyst at GlobalData, comments: “GlobalData estimated that the share of solar PV as a percentage of the total generation in Germany, Spain and the UK was 27.4% in 2019, and is now estimated to be more than 30%, in 2020. Consequently, coal-based generation in these... ... More: Official Press Release GlobalData
- Keywords:
- GlobalData, Europe, energy transition, renewable energy, coal, decline, growth, Germany, Spain, UK, offshore, onshore, 2020, COVID-19, sectorc, pandemic
