What if electrification transformed the EU economy?

Electrification is the process of replacing technologies and systems that rely on fossil fuels with those powered by electricity, often sourced from renewable energy. Electrification is gaining momentum across many sectors, including transport, buildings and industry, driven by the EU's climate ambition and security of supply. As the cost of renewable energy technologies like solar and wind continues to fall, electrification presents an opportunity to reshape the European economy, enhancing competitiveness and promoting sustainable growth.