IMPORTANT NOTICE | Mayberry Investments Limited is a cashless institution.

Mayberry Investments Limited is a cashless institution.
Please note that cash deposits into any Mayberry account held at commercial banks, whether made in-branch or via Automated Banking Machines (ABMs), are not accepted and will not be processed. For information on accepted payment methods, please contact your Investment Advisor.

Renewable energy on the rise: 37% of EU’s electricity

January 26, 2022

According to Eurostat, in 2020, renewable energy sources made up 37% of gross electricity consumption in the EU, up from 34% in 2019.

It was observed that wind and hydropower accounted for over two-thirds of the total electricity generated from renewable sources that 36% and 33%, respectively. The remaining one-third of electricity came from solar power (14%), solid biofuels (8%) and other renewable sources (8%). Notably in 2008, accounted for 1% of the electricity consumed in the EU, however, it is the fastest-growing source.

Among the EU Member States, Eurostat reported that, “more than 70% of electricity consumed in 2020 was generated from renewable sources in Austria (78%) and Sweden (75%). The generation of electricity from renewable sources was also high and accounted for more than half of the electricity consumed in Denmark (65%), Portugal (58%), Croatia and Latvia (both 53%).” Also “At the other end of the scale, the share of electricity from renewable sources was 15% or less in Malta (10%), Hungary and Cyprus (both 12%), Luxembourg (14%) and Czechia (15%),” as per Eurostat.

Disclaimer:

Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer(s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation(s) or view(s) expressed by that research analyst in this research report.

Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein

More Stories from the Market
shutterstock_342262439
August 20, 2026   Dolla Financial Services Limited (DOLLA) has advised of the postponement of the Board of Directors’ meeting initially sch…
shutterstock_342262439
August 20, 2026   Stanley Motta Limited (SML) has advised that at a meeting of its Board of Directors to be held on August 27, 2026, a divi…
shutterstock_609342323
August 20, 2026   Mailpac Group Limited (MAILPAC) has declared an interim dividend payment of $0.02 per share payable on September 16, 2026…
shutterstock_148562033
August 20, 2026   Image Plus Consultants Limited (IPCL) has advised that a connected party purchased 15,798 IPCL shares on August 18, 2026….
shutterstock_148562033
August 20, 2026   IronRock Insurance Company Limited (ROC) has advised that connected parties purchased a total of 13,959 ROC shares during…
shutterstock_148562033
August 20, 2026   Sagicor Group Jamaica Limited (SJ) has advised that on August 18, 2026, Executives and a related party sold a total of 14…
shutterstock_453968572
August 20, 2026       United States:   US Jobless Claims Edge Lower in Sign of Steady Job Market   Applications fo…
shutterstock_342262439
August 19, 2026   Blue Power Group Limited (BPOW) has advised that at a meeting of its Board of Directors to be held on September 10, 202…