Daily Energy Report
Fossil Fuels still dominate in Europe, Commercial crude inventories, Texas gas pipeline, Iraqi oil pipeline delay, US SPR refill, Russia’s Congo pipeline, China’s teapot refineries dying, and more.
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Chart of the Day: After Spending Trillion of Dollars on Renewable Energy, 69% of Europe’s Primary Energy Comes from Fossil Fuels
Summary
Figure (1) above shows Europe’s sources of primary energy in 2023. While 69% came from oil, gas, and coal, only 15% came mostly from solar and wind.