Power system flexibility key to Europe's net-zero targets

WOOD MACKENZIE | The success of Europe’s transition to net-zero emissions by 2050 will hinge on the flexibility of its power system.

A combination of wind and solar power, otherwise known as Variable Renewable Energy (VRE), could make up the largest share of power capacity throughout Europe’s major markets - Great Britain, Germany, France, Italy and Spain - as early as 2023, according to new analysis from Wood Mackenzie.

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