Electrification in the transport, buildingand industrial sectors could cut greenhouse emissions in the EU by 60% between2020 and 2050, according to a report published today by BloombergNEF. Publishedin partnership with power management company Eaton and hydropower companyStarkraft, the report suggests electrification could bring consistent benefitsto countries like Germany and the UK.
BNEF head of global policy analysisVictoria Cuming said: “Electrification – or sector coupling as it’s known insome countries – could make a huge contribution to the achievement ofgovernments’ emission-reduction targets by exploiting the low-carbon transitionalready underway in the power generation sector.”
According to BloombergNEF, electrificationor sector coupling – the process that involves interconnecting theenergy-consuming sector with the power-producing sector – would be the resultof both direct and indirect changes.
Direct changes would include aproliferation of electric vehicles and the spread of electric heating systemsin the building sector. Indirect changes would entail switching to greenhydrogen – produced by electrolysis using renewable electricity – as heatingfuel.
The report suggests that government actionwill be required if 2050 targets want to be met.
“Governments should introduce incentives orrequirements to cut emissions from building heat, support demonstrationprojects for electrification, and iron out barriers to the production of greenhydrogen,” said Cuming.
“They should also consider how to engageenergy consumers and civil society as they have a crucial role to play inenabling electrification of these new sectors.”