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UK avoided $7.8 billion in gas imports thanks to renewables
Original: Wind and solar helped the UK avoid US$7.8 BILLION in gas imports during the Hormuz crisis. That’s what breaking fossil f
Wind and solar power helped the UK avoid an estimated $7.8 billion in gas imports during the recent Strait of Hormuz crisis, according to Greenpeace. The group says the savings show the value of breaking dependence on fossil fuels, and argues that governments still backing new oil and gas projects owe the public an explanation as renewable energy shielded consumers from the price shock.
Why now: Tension around the Strait of Hormuz has renewed debate about energy security and the case for scaling up renewables.
United KingdomGreenpeaceStrait of HormuzIran
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