IEA Urges Europe to Accelerate Electrification to Catch Up with China
The International Energy Agency director warns that Europe has stagnated at 20% electrification for ten years, compared to 32% for China. Fatih Birol points to three major strategic errors by the continent.
| Countries | Chine, Allemagne, Russie, Suède |
|---|---|
| Companies | Northvolt, AIE, Union Européenne |
| Sector | Énergie Nucléaire |
| Theme | Politique & Géopolitique |
The International Energy Agency (IEA) calls on Europe to intensify the electrification of its economy. Speaking at a seminar in Stockholm, its director Fatih Birol highlighted the growing gap between the European continent and China. According to him, electricity’s share in total European energy consumption remains at 20%, unchanged for ten years. China now stands at 32%. Europe is entering “the age of electricity” without being its leader, according to the IEA head.
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