Investing in the electrification of transport and heavy industry is the right energy strategy if the European Union wants to preserve its economic sovereignty and revive struggling industries, International Energy Agency (IEA) chief Fatih Birol told Euronews.
“We can generate electricity from renewables, nuclear power and perhaps natural gas, and we should electrify our economies as much as possible,” Birol said, arguing for a shift away from fossil fuels towards an electricity-powered economy.
