Published on 20 March 2024
Overview
Clean energy transitions are gaining momentum in Europe and the power sector is at the forefront of these transitions. Electricity is only one quarter of the energy we consume in Europe today. The EU wants to change that, aiming to increase the share of electricity in the energy mix to 75% by 2050: with 57% of energy consumption being powered directly by electricity; and another 18% coming from green hydrogen and its derivatives. Electricity will be the backbone of Europe's future energy system with other clean energy sources supplementing the energy transition effort.