is known as “prosumption”. In this model, individuals are both producers and consumers (known as “prosumers”) and reap economic benefits from it. The number of energy prosumers in the EU has increased significantly over the past few years This is mainly because technological progress has significantly reduced the cost of renewable technolog

But renewables have also proven an increasingly appealing choice for companies and consumers, irrespective of government strategy. Renewable technologies offer new opportunities for individuals to become energy producers themselves and play an active role in the energy transition. This can involve households and businesses installing solar photovol

The recent boom in renewables development, particularly in photovoltaics, is to some degree a consequence of the EU’s and member states’ climate strategies, including subsidies to incentivise the use of solar panels. But external factors also play their part: geopolitical turbulence is increasing European interest in energy projects that reduce