Electrification of the transport, building and industrial sectors could deliver a drop of 60% in greenhouse gas (GHG) emissions between 2020 and 2050 in developed countries like the UK. Bloomberg New Energy Finance’s (BloombergNEF) report Sector Coupling in Europe: Powering Decarbonisation, published on 11 February, stated a further 5% of potential reductions could be achieved with the right changes to policy and market design. It also observed that sector coupling – the electrification of more areas of the economy – would enable European countries to make “substantial progress” to becoming the first climate-neutral continent by 2050.
Elli Procter
To keep reading, please log in to your account
Related thinking
E-mobility and low carbon
Chart of the week | Fleet Electrification to drive EV uptake
The UK government has set measures to “effectively” ban the sale of all new internal combustion engine (ICE) vehicles from 2035 onwards to support the UK’s target to achieve net zero by 2050. It is expected that electric vehicles (EVs) will replace petrol and diesel as the primary mode of...
E-mobility and low carbon
Chart of the week | Driven: mobility service offer on the rise
On 7 February, E.ON partnered with vehicle leasing specialist ALD Automotive to offer mobility, financing, and energy services to both business and domestic electric vehicle (EV) customers in UK and Europe. It became the third supplier to announce a wide-ranging arrangement with a leasing company, following ENGIE with Arval and...
