60% Electrification of EU Economy Needed to Reach Paris Ambitions

Decisive action on climate change is needed to meet the goals set by the Paris agreement and this requires a major shift to electricity in transport, buildings and industry in the EU. This is the key finding of “Decarbonisation pathways”, a new study conducted by Eurelectric, the trade body of the European power sector, unveiled today at a press conference in Ljubljana, Slovenia.

The study covers 100% of EU final energy consumption and reveals a close connection between electrification and deep decarbonisation. For the EU to reach 95% emissions reduction by 2050 electricity needs to cover at least 60% of final energy consumption. This is achievable with a 1.5% year-on-year growth of EU electricity use whilst at the same time reducing the EU’s energy consumption by 1.3%... ... More: Official Press Release Eurelectric

Keywords:

Eurelectric, power sector, trade body, study, Paris ambitions, electrification, economy