SDG 07: Affordable and Clean Energy

Here’s how solar energy saved Europeans $29 billion this summer

Solar power generation saved the EU almost $29 billion in fossil gas imports. Image: Unsplash/Andreas Gücklhorn

Victoria Masterson

Senior Writer, Formative Content

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SDG 07: Affordable and Clean Energy

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Electricity generation from solar power in EU.
The EU generated a record 12.2% of its electricity from solar power between May and August 2022. Image: Ember

Solar energy generation in the EU impact.
Electricity generated from solar power saved the European Union almost $29 billion this summer. Image: Ember

Gas prices in Europe are soaring and the trend is predicted to continue, increasing demand for solar power.
Gas prices in Europe are soaring and the trend is predicted to continue, increasing demand for solar power. Image: Ember

Share of electricity production met by solar power in percentage.
18 EU countries set new records for solar power generation between May and August this summer. Image: Ember

The energy crisis is an opportunity for countries to speed up their transition to solar power and other clean energy sources.
The energy crisis is an opportunity for countries to speed up their transition to solar power and other clean energy sources. Image: Fostering Effective Energy Transition 2022, WEF
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SDG 07: Affordable and Clean EnergyEnergy TransitionEuropean Union

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