Europe Today
Spanish households save €10 a month thanks to renewables expansion, report finds
Thinktank says decoupling electricity from gas prices has also helped shield Spain from hikes caused by Iran war Spanish households save €10 a month on electricity bills because of wind turbines and solar panels installed in the last five years, a report has found. Typical energy bills would be 19% more expensive if electricity costs were still as tightly coupled to gas prices as in 2021, according to Ember, a climate thinktank. It found Spain’s “strategic” expansion of renewables since Russia invaded Ukraine in 2022 has shielded Spanish households from the latest rises in fossil fuel prices c
This story was reported by Europe | The Guardian. EUROPES curates Europe's most relevant coverage — read the full report at the original source.
Read full coverage at Europe | The Guardian →