EU Electrification: An Action Plan for boosting decarbonisation and competitiveness

The broad-scale electrification of Europe is crucial for accelerating the climate transition, slashing Europe’s dependence on energy imports and securing industrial competitiveness. Electrification thus also serves as the foundation of geopolitical autonomy and a more secure energy supply. The EU Electrification Action Plan is an opportunity to set the strategic objectives and concrete actions necessary to achieve these goals.

Unfortunately, for the past decade, electrification has been stagnating in Europe – just as other parts of the world have electrified their economies at an increasingly fast pace. High and volatile electricity prices, insufficient low-carbon electricity supply, and unclear political signals have acted as major barriers that have been slowing down electrification.

The technology industries represented by Orgalim want an Action Plan that creates the right market conditions for
investments to electrify industry processes and expand the electricity system to deliver stable and competitive low-carbon electricity and manage growing demand sustainably.