2020-02-12

External News

Electrification Can Cut Emissions of Transport, Buildings and Industry in Europe by 60% by 2050

Electrification of the transport, buildings and industrial sectors in Europe could slash greenhouse-gas emissions by 60% between 2020 and 2050, according to a new report published today by research company BloombergNEF (BNEF).

A revolution in the use of energy by these three sectors is possible over the next 30 years, bringing about sharp reductions in CO2 emissions. Written in partnership with Eaton and Statkraft the report, Sector Coupling in Europe: Powering Decarbonization, outlines a plausible pathway of electrification, taking account of current levels of policy ambition in countries like the U.K. and Germany.

Read the full article from BloombergNEF.