Germany along with France happen to be the European Union nations that are looking to decarbonize their power systems by 2035, thereby setting a major landmark on the pathway to net zero by 2050.
The objective of this step is also agreed upon by the Netherlands, Austria, Belgium, as well as Luxembourg, which happened to be around five years before what was targeted by the remaining bloc. It is worth noting that cutting carbon across the electricity grid happens to be seen as the first important step to eliminating emissions from the broader energy system, which indeed makes up for the majority of the EU’s footprint.
Switzerland, while not being an EU member state, also inked the 2035 plan as a part of the so-called Pentalateral Energy Forum, as per a statement.
Almost 50% of the total electricity demand across the EU happens to be in their region, opined Rob Jetten, the Dutch Climate and Energy Minister. A completely integrated power market across northwest Europe is going to be critical to the decarbonized goals of the EU. The fact is that one cannot meet them without having a proper plan for electricity.
By 2040, the power system of the European Union is anticipated to be just about emissions-free because of the effect of the carbon market of the bloc.