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Solar saved Europe €3bn in March. Which country is leading the race?

EuroNews · · 895 words · By Liam Gilliver
Renewable energy adoption EU Energy Policy Energy transition progress
open_in_new Read the original article: https://www.euronews.com/2026/04/01/solar-saved-europe-3bn-in-fossil-fuel-import…

psychologyDetected Techniques

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Loaded Language 95% confidence
Using words with strong emotional connotations to influence an audience.
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Repetition 85% confidence
Repeating a message until it is accepted as truth.

fact_checkFact-Check Results

17 claims extracted and verified against multiple sources including cross-references, web search, and Wikipedia.

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“A new analysis found that Europe’s solar capabilities could save the continent €67.5 billion by the end of the year if gas prices remain high.”
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wikipedia NEUTRAL — The Reformation: A History is a 2003 history book by the English historian Diarmaid MacCulloch. It is a survey of the European Reformation between 1490 and 1700. It won the 2003 Wolfson History Prize …
https://en.wikipedia.org/wiki/The_Reformation:_A_History
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wikipedia NEUTRAL — Europe is a continent located entirely in the Northern Hemisphere and mostly in the Eastern Hemisphere. It is bordered by the Arctic Ocean to the north, the Atlantic Ocean to the west, the Mediterrane…
https://en.wikipedia.org/wiki/Europe
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wikipedia NEUTRAL — Madagascar 3: Europe's Most Wanted is a 2012 American animated adventure comedy film directed by Eric Darnell, Conrad Vernon and Tom McGrath, and written by Darnell and Noah Baumbach. The third in the…
https://en.wikipedia.org/wiki/Madagascar_3:_Europe's_Most_Wa…
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“Brent crude... has increased by more than 50 per cent since the conflict in the Middle East began, hitting €107 per barrel yesterday morning (31 March).”
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wikipedia NEUTRAL — The term Brent Crude refers to a trading classification for the types of petroleum — Sweet crude oil and light crude oil — first extracted from the Brent oilfield in the North Sea in 1976. The term Br…
https://en.wikipedia.org/wiki/Brent_Crude
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wikipedia NEUTRAL — Brent East is a parliamentary constituency in north west London. It returns one Member of Parliament (MP) to the House of Commons of the Parliament of the United Kingdom, elected by the first past the…
https://en.wikipedia.org/wiki/Brent_East
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wikipedia NEUTRAL — The Brent oilfield was a petroleum installation located in 140 metres (470 ft) of water, in the East Shetland Basin of the North Sea, 186 kilometres (116 mi) north-east of Lerwick in the Shetland Isla…
https://en.wikipedia.org/wiki/Brent_oilfield
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“The benchmark Dutch TTF natural gas price has also surged by around 70 per cent. It means March 2026 is on course to be the highest monthly increase for European gas prices since September 2021.”
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wikipedia NEUTRAL — The Russo-Ukrainian war began in February 2014 and is ongoing. Following Ukraine's Revolution of Dignity, Russia occupied Crimea and annexed it from Ukraine. It then supported Russian separatist armed…
https://en.wikipedia.org/wiki/Russo-Ukrainian_war
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wikipedia NEUTRAL — "Set You Free" is a song written and recorded by English rave band N-Trance, featuring vocals from English singer Kelly Llorenna. It was officially released as a single in October 1993 by label All Ar…
https://en.wikipedia.org/wiki/Set_You_Free_(N-Trance_song)
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wikipedia NEUTRAL — Tuvalu ( too-VAH-loo) is an island country in the Polynesian sub-region of Oceania in the Pacific Ocean, about midway between Hawaii and Australia. It lies east-northeast of the Santa Cruz Islands (w…
https://en.wikipedia.org/wiki/Tuvalu
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“Much of the surge has been blamed on the Strait of Hormuz’s effective closure, which carries around one-fifth of global oil supplies.”
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“SolarPower Europe reveals that harnessing sunlight for energy has saved Europe more than €100 million per day since 1 March, resulting in total savings of more than €3 billion.”
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“If gas prices remain high, experts say that total savings in 2026 could reach as much as €67.5 billion.”
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“In the first 20 days of March alone, the analysis... found that solar electricity generation saved the EU €2 billion that it would otherwise have spent on fossil fuel imports.”
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“Solar energy drove down the total cost of meeting the EU’s energy needs by almost a third.”
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“Despite this, for the first time in a decade, the EU solar market is starting to decline.”
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“Heat pumps were also found to have saved €20 billion in 2025, and are expected to save €5.3 billion between January and April this year.”
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“Since 2019, Spain has doubled its wind and solar capacity, adding more than 40GW to its energy mix.”
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“Spain’s wind and solar growth has reduced the influence of expensive fossil generators on the electricity price by 75 per cent since 2019.”
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“On 26 March, British wind energy generation hit a new high of 23,880 megawatts, enough power to cover 23 million homes.”
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“Wind provided more than half of Britain’s electricity during this record period...”
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“In 2025, wind and solar generated more EU electricity than fossil fuels for the first time ever...”
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“Wind and solar accounted for a record 30 per cent of EU electricity, overtaking fossil fuels by just one per cent.”
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“Austria led the way as the country with the liên 90% renewable energy share, followed by Sweden at 88%...”
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info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.