27 Days
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وكالة الأنباء القطرية
European Commission Announces Plan to Increase Share of Electricity to 46 Percent by 2040
The European Commission announced a plan to increase the share of electricity in the European Union's energy consumption to 46% by 2040, compared to about 23% currently. The plan aims to reduce dependence on fossil fuel imports, with the potential to save around 200 billion euros annually on import bills by 2040, while significantly decreasing the consumption of gas and oil. The plan faces challenges including rising electricity prices and reservations from some countries, but Europe aspires to become the "first electric continent" through massive investments to enhance industrial competitiveness and reduce reliance on fossil fuels.
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