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Renewables growth cut Spain's electricity bills by 24.2% over the past two years
- bell-cot 5mo agoHeadline has major issues - The underlying report, linked from the positivemoney.org site: https://www.datocms-assets.com/132494/1776758395-pmeu-renewables-price-report-v3.pdf https://www.datocms-assets.com/132494/1776758395-pmeu-renewa... Which says: > We estimate that the deployment of wind and solar reduced wholesale electricity prices by an average of 24.2% over the period 2023–2025 across the countries analysed. These effects are nonlinear and increase with renewable penetration, reflecting stronger price impacts at higher levels of wind and solar deployment. and > ... over the 2023-2025 period in the sample of countries analysed, with large variation across countries. (The pv-mag article also says these - 5th para.) 1 - I've no idea why pv-mag would use "Spain" in their headline. The report does not give a Spain-specific percentage. 2 - Pv-mag's headline also says "bills". While there's probably a positive correlation between wholesale electricity prices and Spanish end-user bills, the headline's implied "bills down 24.2%" is complete BS.