City AM
UK · 1 hrs ago
Europe has made a ‘major mistake’ on slow electrification, IEA chief warns
The head of the International Energy Agency has warned Europe made a “major mistake” by failing to end its economy reliance on imported fossil fuels quickly enough since the 2022 energy crunch. Fatih Birol said Europe’s low electrification rate, electricity’s share of the energy consumed in the EU, of roughly 23 per cent is holding [...]
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