Weekly data: the global power sector saved $521bn in 2022 thanks to fuel savings from renewables

Renewables competitiveness accelerates despite inflation, finds a new report from the International Renewable Energy Agency.

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My electricity statement showed the second rate reduction in 2 months. This would explain why.

Somehow I doudt that I received the full benefit but at least it went down which is more than I can say about petrol prices.
- Yep, oil price has been pushed up by OPEC production cuts. The sooner we can electrify and get off fossil fuels the better

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