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‘Electrotech’ can sever Europe’s reliance on fossil fuel imports

Summary by TNW
Europe can dramatically cut its dependence on imported fossil fuels by adopting electricity-based technologies, according to a new report. Electric vehicles, heat pumps, and renewables could cut global reliance on imported fossil fuels by 70% when used to replaced them in transport, heating, and power, according to energy think tank Ember. They would also save importers an estimated $1.3 trillion (€1.14 trillion) globally each year, Ember found.…

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TNW broke the news in Amsterdam, Netherlands on Tuesday, April 22, 2025.
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