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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
POWER
Electricity consumption in the European Union is forecasted to grow by 1.7% on the year in 2024 as economic conditions improve, with wind and solar PV generation set to exceed fossil-fired output in 2024, the IEA said.
- The precise rate of demand growth is uncertain due to a somewhat slow economic outlook and elevated power prices compared to Covid levels, affecting the industry, the IEA said.
- Additionally, the combined share of wind and solar PV in total electricity supply is projected to increase to 30% in 2024 and 33% in 2025, up from 26% last year – mostly due to growth in PV.
- This is due to reduced prices of solar modules and strong policy support.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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