“The electrification of energy is unstoppable and will expand exponentially in the years ahead, supporting decarbonisation, boosting energy security, and reducing the volatility caused by fossil fuels. Our strategic pillars focus on networks, geographical diversification, and a balanced energy and customers mix. This plan will allow us to grow our asset base, grow our profitability … Continue reading Iberdrola will invest €41 billion and hire 10,000 people by 2026 to accelerate electrification
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Net Zero? It’s all about electrification
Today the Electrification Alliance* unveiled a new ‘Electrification Manifesto’ urging the European Commission to fast-track the electrification of Europe. The Manifesto calls for a dedicated Electrification Action Plan in the first 100 days of the incoming European Commission’s mandate. At the launch event, European Commissioner for Energy Kadri Simson was named the winner of the … Continue reading Net Zero? It’s all about electrification
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Iberdrola and AEDIVE promote the electrification of heavy goods transport
Iberdrola and the Business Association for the Development and Promotion of Electric Mobility (AEDIVE) have signed an agreement to create an alliance for the electrification of heavy road transport in Spain. The initiative aims to accelerate the decarbonisation of heavy road transport and combat climate change. At the same time, it aims to improve fuel … Continue reading Iberdrola and AEDIVE promote the electrification of heavy goods transport
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Powering the Energy Transition with Smart Electrification
Electrifying the use of energy in industry, transport and buildings with renewables is a cost-effective way to decarbonise end-use sectors, increase security of supply, reduce dependency of imported fossil fuels and mitigate risks of fuel prices volatility as experienced in recent years. A new report by the International Renewable Energy Agency (IRENA) provides governments with … Continue reading Powering the Energy Transition with Smart Electrification
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DNV forecasts oil demand in transport sector to half by 2050
Transport sector will be revolutionized by electrification but increase its share of overall emissions. Electricity is continuing to gain traction in previously thought to be hard-to-electrify sectors including heavy trucking and aviation. Electricity’s share in transport will grow from 1% today to 23% in 2050, according to DNV’s latest Transport in Transition report. DNV’s … Continue reading DNV forecasts oil demand in transport sector to half by 2050
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Statkraft and Inovyn sign new long-term green power agreements ensuring operations and enabling new investments
Europe’s largest generator of renewable power, Statkraft, and chemical company INEOS Inovyn at Rafnes in Bamble, Norway have signed two new long-term power agreements. The agreements will secure the majority of the power needed for the existing manufacturing activities and also the additional power required for planned investments into electrification and hydrogen production as part … Continue reading Statkraft and Inovyn sign new long-term green power agreements ensuring operations and enabling new investments
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Accelerating sustainable electrification and renewables to ensure growth and energy independence
Our strategic plan for 2023-2025 focuses on sustainable electrification and a strategic repositioning of the Group in six “core” countries. In three years’ time, 75% of the energy generated by Enel will be renewable. Accelerating the transition to renewable sources, in order to protect the climate and reduce the dependence of individual countries on imported … Continue reading Accelerating sustainable electrification and renewables to ensure growth and energy independence
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Mass electrification only possible with heavy investment
Energy industry leaders see an urgent need for greater investment in power grids to better connect regions, secure reliable distribution of resources and meet climate targets. Three quarters (76%) of the 400 senior energy professionals contacted in 75 countries say existing grid infrastructure can’t adequately connect renewable energy sources to areas of high demand. 87% … Continue reading Mass electrification only possible with heavy investment
Continue readingElectric City 2021: Driving Europe’s electrification with wind energy
By 2050 most of the EU energy system will be electrified. Direct electrification, complemented with the indirect electrification of harder-to-abate sectors, is the most cost-effective and energy efficient way to cut energy sector emissions to net zero. WindEurope’s Annual Event “Electric City 2021”, in Copenhagen on 23-25 November, will be a perfect place for companies … Continue reading Electric City 2021: Driving Europe’s electrification with wind energy
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Electrification not enough to meet net zero target, DNV’s Energy Transition Outlook 2021 warns
DNV’s Energy Transition Outlook, now in its fifth year and launched two months before COP26 takes place in Glasgow, provides an independent forecast of developments in the global energy system to 2050. The 2021 report highlights the global pandemic as a “lost opportunity” for speeding up the energy transition, as Covid-19 recovery packages have largely … Continue reading Electrification not enough to meet net zero target, DNV’s Energy Transition Outlook 2021 warns
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IRENA and the Electric Power Research Institute Join Forces to Accelerate Smart Electrification
The International Renewable Energy Agency (IRENA) and the Electric Power Research Institute (EPRI) signed a Memorandum of Understanding (MoU) today to advance the global electrification of the energy sector based on renewables and energy efficiency. Signed by IRENA’s Director-General Francesco La Camera and EPRI’s President and CEO Arshad Mansoor, the agreement provides the framework for … Continue reading IRENA and the Electric Power Research Institute Join Forces to Accelerate Smart Electrification
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Electrification with wind power will bring Europe to net zero CO2
Electrification is the most cost-effective way to decarbonise Europe’s economy according to a report from ETIPWind and WindEurope out today. Wind energy will lead the process: the EU sees it being half of Europe’s electricity by 2050. With the right investments in grids and technology, the combined rate of direct and indirect electrification will be … Continue reading Electrification with wind power will bring Europe to net zero CO2
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Decarbonisation through electrification
Although climate change is one of the biggest challenges of our time, it holds immense opportunities for creative and innovative solutions. Vattenfall has a unique position to seize these opportunities and transform itself and other emitting industries on an unprecedented scale. Vattenfall’s goal to enable fossil-free living within one generation means making its own energy … Continue reading Decarbonisation through electrification
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Iberdrola, Volkswagen and SEAT strengthen their partnership to accelerate electrification in Spain
The energy company becomes a strategic partner for the supply of renewable energy in the vehicle value chain and together they will develop a public charging infrastructure network This alliance will contribute to achieving the emissions reduction targets set by the Green Deal and the decarbonisation of Spain Iberdrola, SEAT S.A. and the Volkswagen Group … Continue reading Iberdrola, Volkswagen and SEAT strengthen their partnership to accelerate electrification in Spain
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EU Energy System Integration and Hydrogen Strategies: no climate neutrality without renewables-based electrification
With today’s presentation of the EU Energy System Integration Strategy and the EU Hydrogen Strategy, the EU sets course for a greener future by promoting direct electrification across the whole economy and the use of renewable hydrogen in hard-to-abate sectors. “It’s good these new EU Strategies recognise the primary role of direct electrification. Electrifying heating, … Continue reading EU Energy System Integration and Hydrogen Strategies: no climate neutrality without renewables-based electrification
Continue readingElectrification, innovation and hydrogen gas reduce industry dependence on fossil fuels
Industry needs help in order to reduce its carbon dioxide emissions. Vattenfall is making it happen through cooperation and partnerships with industry. This year will see the inauguration of HYBRIT’s pilot plant in Luleå, Sweden. In this plant, a tonne of fossil-free steel will be produced from raw iron ore every hour. By means of … Continue reading Electrification, innovation and hydrogen gas reduce industry dependence on fossil fuels
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SSAB, LKAB and Vattenfall ready to step up work to achieve fossil-free steel production
SSAB, together with LKAB and Vattenfall, is ready to step up work to achieve fossil-free steel production and to move up the construction of the HYBRIT demonstration plant by three years, write the companies’ three CEOs in an opinion piece published today in the Swedish daily newspaper Dagens Nyheter. The opinion piece comes just ahead … Continue reading SSAB, LKAB and Vattenfall ready to step up work to achieve fossil-free steel production
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Amy Farrell opens Politico Electrification Revolution Event
American consumers are calling for abundant renewable sources of energy, advanced batteries, and data-driven “smart” devices to power more of their lives than ever before, from heating and cooling to transportation. AAA reports one out of every five drivers will likely purchase an electric vehicle (EV) as their next family car. Consumer-driven mass electrification is … Continue reading Amy Farrell opens Politico Electrification Revolution Event
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Wind Energy and the Electrification of Europe’s Energy System
On 22 January WindEurope CEO Giles Dickson spoke at an event organised by ENTSO-E (the association of European Transmission System Operators) to mark the launch of the PowerFacts Europe report. With the right policies it is technically and economically possible to increase the share of electricity in energy from 24% today to 62% in 2050, … Continue reading Wind Energy and the Electrification of Europe’s Energy System
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Electrification the key to decarbonising Europe’s economy
Electrification is the key to decarbonising Europe’s economy, according to WindEurope CEO Giles Dickson, who was speaking today at a European Commission event on long-term emissions reductions. EU leaders asked the Commission earlier this year to update the EU’s 2050 climate strategy. The current version, dating back to before COP21 in Paris, says the EU … Continue reading Electrification the key to decarbonising Europe’s economy
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