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Securing European energy security and competitiveness through electrification

The European Union is faced with an energy trilemma, needing at the same time to decarbonize its economy, strengthen its energy security, while ensuring affordable energy inputs. Electrification is the key solution.

By Vincent Petit, Bertrand Deprez & Loic Delorme

25 Jun 2024 2 min read

Electrification as a solution to the EU’s energy trilemma

The European Union is faced with an energy trilemma and needs to balance between decarbonization, energy security while ensuring affordable access to energy across industries, business and households.
We suggest a few measures in this report on how to accelerate the pace of change across the EU economy by 2030.
Electricity 4.0 is the key to transforming the energy landscape with sustainable digital and electric solutions.

Our findings

  • 4 main roadblocks

    We identified 4 main roadblocks preventing further electrification acceleration:

    1. Infrastructure gap

    2. Supply and demand gap

    3. Viable economics gap

    4. Delivery system gap

  • 16 measures suggested

    We suggest 16 measures to accelerate the electrification of the EU economy, forming a coherent plan that could serve as a basis for the emergence of an Electrification Strategy at the EU level for the years to come.

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