According to a study commissioned by the federation of the European electricity industry, Eurelectric, carried out with consultancy firm Accenture and presented at the ‘Power Summit 2025’ event in Brussels, on Tuesday 3 June, the electrification of medium-energy-intensive activities could become cost-competitive by 2030.
However, it will be necessary to reduce technological costs and close the competitiveness gap between the costs of electricity and those of fossil fuels.
Based on an...