The EU has the following target in place for the sharing of electricity:

The EU has set an interconnection target of at least 15% by 2030 to encourage EU countries to interconnect their installed electricity production capacity. This means that each country should have in place electricity cables that allow at least 15% of the electricity produced on its territory to be transported across its borders to neighbouring countries.

The main reasons to do this is that it is good for renewables and it is good for overall resilience. The UK, for example, has one of the largest offshore wind markets in the world. But if it's having a bad wind year, interconnections allow it to import the electricity it may need -- perhaps from Norway, which is Europe's biggest producer of hydropower.

Here is what that looked like in 2021 (via the FT):

The United Nations and Bloomberg New Energy Finance recently published a report covering global trends in the renewable energy space for 2017. 

Here are some of their key findings:

- 2016 was a record year in terms of renewable power capacity installed worldwide. This includes wind, solar, biomass and waste-to-energy, geothermal, small hydro, and marine sources.

- The share of global electricity generated from renewable sources rose from 10.3% (2015) to 11.3% (2016).

- However, overall investment in renewables declined in 2016 for two main reasons. Costs went down (good news). And China and Japan exhibited a dramatic slowdown in terms of investment activity (bad news).

- Acquisitions of renewal assets, such as wind farms and solar parks, hit a new peak at $72.7 billion.

- A number of promising new pricing records set in 2016: $29.10 per MWh for solar in Chile and $30 per MWh for onshore wind in Morocco.

- In one year, the cost of solar generation dropped on average about 17% and onshore wind dropped about 18%.

The EU has the following target in place for the sharing of electricity:

The EU has set an interconnection target of at least 15% by 2030 to encourage EU countries to interconnect their installed electricity production capacity. This means that each country should have in place electricity cables that allow at least 15% of the electricity produced on its territory to be transported across its borders to neighbouring countries.

The main reasons to do this is that it is good for renewables and it is good for overall resilience. The UK, for example, has one of the largest offshore wind markets in the world. But if it's having a bad wind year, interconnections allow it to import the electricity it may need -- perhaps from Norway, which is Europe's biggest producer of hydropower.

Here is what that looked like in 2021 (via the FT):

The United Nations and Bloomberg New Energy Finance recently published a report covering global trends in the renewable energy space for 2017. 

Here are some of their key findings:

- 2016 was a record year in terms of renewable power capacity installed worldwide. This includes wind, solar, biomass and waste-to-energy, geothermal, small hydro, and marine sources.

- The share of global electricity generated from renewable sources rose from 10.3% (2015) to 11.3% (2016).

- However, overall investment in renewables declined in 2016 for two main reasons. Costs went down (good news). And China and Japan exhibited a dramatic slowdown in terms of investment activity (bad news).

- Acquisitions of renewal assets, such as wind farms and solar parks, hit a new peak at $72.7 billion.

- A number of promising new pricing records set in 2016: $29.10 per MWh for solar in Chile and $30 per MWh for onshore wind in Morocco.

- In one year, the cost of solar generation dropped on average about 17% and onshore wind dropped about 18%.