Renewables growth cut Spain's electricity bills by 24.2% over the past two years
2 points
2 hours ago
| 1 comment
| pv-magazine.com
| HN
bell-cot
1 hour ago
[-]
Headline has major issues -

The underlying report, linked from the positivemoney.org site:

https://www.datocms-assets.com/132494/1776758395-pmeu-renewa...

Which says:

> We estimate that the deployment of wind and solar reduced wholesale electricity prices by an average of 24.2% over the period 2023–2025 across the countries analysed. These effects are nonlinear and increase with renewable penetration, reflecting stronger price impacts at higher levels of wind and solar deployment.

and

> ... over the 2023-2025 period in the sample of countries analysed, with large variation across countries.

(The pv-mag article also says these - 5th para.)

1 - I've no idea why pv-mag would use "Spain" in their headline. The report does not give a Spain-specific percentage.

2 - Pv-mag's headline also says "bills". While there's probably a positive correlation between wholesale electricity prices and Spanish end-user bills, the headline's implied "bills down 24.2%" is complete BS.

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