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Thursday, 02 February 2017 20:30

EU’s saving to be €58bn owing to renewable energy

EU’s saving to be €58bn owing to renewable energy

Renewable energy is now cost-competitive and sometimes cheaper than fossil fuels, employs over one million people in Europe, attracts more investments than many other sectors, and has reduced our fossil fuels imports bill by €16 billion and it is projected to be €58bn in 2030, Miguel Arias Cañete, Commissioner for Climate Action and Energy, said, Caspian Energy News (www.caspianenergy.net) reports with reference to the European Commission.

More details:http://europa.eu/rapid/press-release_IP-17-161_en.htm?locale=en

http://europa.eu/rapid/press-release_MEMO-17-163_en.htm?locale=en

Person in charge of the newsline: Jeyhun Bayramov

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