Europe can halve power sector gas consumption for electricity and save EUR 323 billion by doubling new renewable energy, according to Wärtsilä report
Wärtsilä Corporation, Press release, 29 March 2022 at 10:00 AM EESTEurope can cut its power sector gas consumption in half, reduce energy costs by EUR 323 / USD 356 billion and increase energy independence by 2030 if it rapidly scales up its renewable capacity, according to a new report from Wärtsilä. To tackle the energy crisis and enable rapid decarbonisation, the technology company is calling on European leaders to implement a monumental but achievable level of cross-country coordination and investment to deliver up to 80GW per year of renewable capacity, backed by flexible balancing