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EU Commission identifies grids as a bottleneck for electrification, promising to standardise vehicle-to-grid (V2G) technology

The EU Commission has announced an electrification target of 46% by 2040 — doubling the current level. Accelerating electrification is crucial if Europe is to reduce its reliance on imported fossil fuels. Prioritising transport — the continent’s biggest consumer of oil — will be essential, says T&E. The Commission’s proposal for EVs to become batteries on wheels will reduce oil imports and bring additional storage capacity to the network. This can reduce costly grid upgrades and decrease the grid bottlenecks that hold back the electrification of all sectors, says T&E.

Launched in response to the recent crisis in the Middle East, the Electrification Action Plan proposes to address the EU’s strategic vulnerability to imported fossil fuels—which account for more than half of Europe’s energy supply. In an era of geopolitical turbulence, moving toward clean, homegrown and affordable energy is critical for Europe’s sovereignty, says the EU’s executive body.