Wind energy in Europe in August fell to its lowest level since 2022 and amounted to 10.08% of the total generation volume. This is shown by data from WindEurope.

It is noted that in June wind power generation accounted for 11.23% of the European energy balance, and in February – 20.12%. In 2021, the share of wind turbines was 15%.

According to Rystad analysts, wind power in Europe is at its lowest in summer and wind is not a determinant in the growth of electricity prices in the EU. The main reasons for the price increase are reduced fuel supplies from Russia and the limited possibility to use alternative sources.

Earlier it was reported that the European Commission had allocated €5.6 billion for developing offshore wind parks to provide energy security for the European Union.

According to the head of the European Commission, Ursula von der Leyen, reform of the electricity market in the European Union is necessary to stabilize energy prices in several European countries.

Earlier, today we reported that silver prices fell to a two-year low.