In its ‘Power Barometer 2024’ report, the association representing the interests of the European electricity industry, Eurelectric, welcomed the fact that by 2023 the EU electricity sector had reduced its emissions by 50% compared to 2008. However, the association is concerned that Europe’s electrification rate has stagnated at 23% for the past 10 years, when it should account for half of the EU’s final energy consumption by 2040.
This finding is all the more worrying, according...