February 12 @ 1:00 pm – 2:30 pm
Electrification is at the heart of the EU’s agenda as it works towards deep decarbonisation and economic competitiveness. However, electricity demand has remained stagnant, representing less than a quarter of final energy demand. To meet ambitious goals, the EU must electrify sectors like transport, heating, and industry.
Key policies are under discussion, including the Electrification Action Plan and the proposed Electrification Bank to support industrial projects. Investments in electricity grids are also crucial to manage the green and digital transitions. But there’s a new challenge: the growing ICT sector, particularly AI training clusters, which are significantly increasing electricity demand. In countries like Ireland, data centers already exceed 20% of electricity demand.
Bruegel invites you to explore how the EU can stimulate the growth of efficient electricity demand, drive the adoption of demand-side response to improve system efficiency, and scale electrification without increasing consumer costs.
Join Bruegel for this conversation about Europe’s energy future and the policies needed to make electrification a success.