Connect with us

Hi, what are you looking for?

CleanTechnica
Eurelectric, which represents 3,500 electric companies across Europe, has issued a Vision Declaration promising 100 carbon neutral electricity by the year 2050.

Biomass

European Utilities Commit To 100% Carbon-Neutral Electricity “Well Before” 2050 … Because It’s Cheaper

Eurelectric, which represents 3,500 electric companies across Europe, has issued a Vision Declaration promising 100 carbon neutral electricity by the year 2050.

Eurelectric is not just another euphonious name for a trade organization no one has ever heard of. It is the Union of the Electricity Industry for Europe. Its president is Francesco Starace, the CEO of the Italian energy giant Enel. Its vice president is Magnus Hall, CEO of Vattenfall.

Its mandate is to represent the interests of 3,500 electric companies all across the European continent on major issues from electricity generation and markets, to distribution networks, to environmental and sustainability. Its members create more than €200 billion in revenue each year, so when it issues a call for carbon-neutral electricity all across Europe, its words carry a lot of weight with policymakers and government officials.

The members of Eurelectric have unanimously agreed to a Vision Declaration that commits them to an ambitious program of making all electricity generated in Europe carbon neutral by 2050. “Our industry sees a great opportunity on the path towards a progressively decarbonized and fully sustainable European energy future. Electricity is playing a growing role in making this vision happen and Eurelectric is determined to accelerate the energy transition through a progressive electrification of Europe’s energy consumption while making the European power sector carbon-neutral well before mid-century,” says Francesco Starace.

Part of Eurelectric’s mission is to provide clean electricity to power the industries that are largely responsible for carbon emissions today using green electricity in the future. “Electrification of heating, transport, and industry is a win-win. It comes with higher efficiency and lower CO2 emissions. We should do everything possible to advance electrification with smart regulation,” says Magnus Hall.

Decentralizing the electrical grid and incorporating digital technology will play a large role in meeting Eurelectric’s goals. “The investment required in clean electricity and transition-enabling technologies is huge. This statement reflects our full  commitment to invest in innovation, to build new cross-sector business models, and ensure that electricity keeps creating value in decades to come,” said Alistair Philips-Davies, CEO of SSE and  vice president of Eurelectric.

It is refreshing to see a regional commitment to clean electricity in Europe. Industry leaders in the US would do well to study the European approach and adjust their thinking accordingly.

Hat tip to Jens Stubbe

 
 
Appreciate CleanTechnica’s originality? Consider becoming a CleanTechnica member, supporter, or ambassador — or a patron on Patreon.
 
Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.

New Podcast: How NVIDIA Is Bringing Autonomy To Automakers

Written By

Steve writes about the interface between technology and sustainability from his homes in Florida and Connecticut or anywhere else the Singularity may lead him. You can follow him on Twitter but not on any social media platforms run by evil overlords like Facebook.

Comments

#1 most loved electric vehicle, solar energy, and battery news & analysis site in the world.

 

Support our work today!

Advertisement

Power CleanTechnica: $3/Month

Tesla News Solar News EV News Data Reports

Advertisement

EV Sales Charts, Graphs, & Stats

Advertisement

Our Electric Car Driver Report

30 Electric Car Benefits

Tesla Model 3 Video

Renewable Energy 101 In Depth

solar power facts

Tesla News

EV Reviews

Home Efficiency

You May Also Like

Cars

Electric vehicle leaders in 14 states have just launched a three-year effort to develop “Drive Electric” programs at the state level for these 14...

Clean Transport

Turkey's Duckt aims to tame wild, dockless e-scooters with new universal micromobility system for Paris and beyond.

Cars

Europe’s third largest auto market, the UK, saw 13% plugin electric vehicle market share in February, up 2.3Ă— from 5.7% a year ago. The...

Clean Power

Ireland hitches floating wind turbine star to wave energy workhorse in massive new 1.1 gigawatt offshore clean power project.

Copyright © 2021 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.