The world is facing significant environmental challenges. To address these challenges, the approach of producing, distributing and using energy needs to be reconsidered. However, this transformation will likely demand a shift in mindset, a comprehensive restructuring of markets, and sustained collaboration.
This analysis examines how Europe is progressing toward carbon neutrality and outlines three focus areas that could support a successful European energy transition and the investment required in clean energy technologies to reach net-zero by 2050.