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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
The EU’s wind and solar capacity has risen 65% from 2019-23, with wind capacity climbing 31% and solar more than doubling to increase by 113% over the period, according to Ember.
- The EU added 52GW of wind over 2019-23 to reach 219GW last year, with about 137GW of solar installed to rise to 257GW over the same period.
- The additional capacity equalled a 46% rise, or 226TWh, of solar and wind generation from 2019 to 2023.
- The largest wind and solar capacity additions came from Germany and Spain but more than 50% of EU members have at least doubled their wind and solar capacity.
- In contrast, fossil generation fell by 22%, 247TWh, over the same period due to a sharp fall in Gas and Coal, which dropped by 21% and 25%, respectively.
- Wind generation is now the second largest source of EU power, surpassing gas, coal, hydro and solar - and is just below nuclear.
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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