European PV Avoided €10 Billion in Gas Imports Since Escalation of Iran Conflict
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4 Articles
The estimate of SolarPower Europe since the beginning of the conflict in the Middle East: photovoltaics has reduced the weight of the energy surge avoiding more purchases...
European PV avoided €10 billion in gas imports since escalation of Iran conflict
European photovoltaics have generated enough electricity since early March to avoid an estimated €10 billion in gas imports, according to SolarPower Europe, with savings averaging €110 million per day.According to calculations by European PV association SolarPower Europe, European photovoltaic systems have supplied enough electricity since the escalation of the Middle East conflict in early March to theoretically avoid additional gas imports wor…
If Europe had generated the electricity generated by photovoltaics in gas power plants, costs of ten billion euros would have been incurred since the beginning of March. This was calculated by the industry association Solarpower Europe. Photovoltaics covered a total of 12.5 percent of Europe's electricity demand in 2025, according to Copernicus Climate Change Service.
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