Renewable energy generation in Europe has surged over 280% since 2000 and now accounts for more than 50% of the continent’s total power generation. Solar power has seen particularly strong growth in recent years due to significant cost declines. However, the rise of renewables has also led to challenges for the power industry, as the sector’s underlying profitability declines and an increasingly competitive energy landscape emerges.
Apart from hydropower, the operational performance of most renewable power assets is determined…Renewable Energy's Rise Creates Challenges for Traditional Power Utilities
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