‘Electrotech’ can cut Europe’s reliance on fossil fuel imports, report finds

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 replace them in transport, heating, and power, according to energy think tank Ember. The think tank refers to this trio of technologies as “electrotech.” Replacing imported fossil fuels with these three key levers would save importers $1.3 trillion (€1.14 trillion) globally each year, Ember said. Cutting reliance on US, Russian fossil fuels Russia’s full-scale invasion of Ukraine in 2022 exposed one of Europe’s…This story continues at The Next Web

Apr 23, 2025 - 12:35

‘Electrotech’ can cut Europe’s reliance on fossil fuel imports, report finds

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 replace them in transport, heating, and power, according to energy think tank Ember. The think tank refers to this trio of technologies as “electrotech.” Replacing imported fossil fuels with these three key levers would save importers $1.3 trillion (€1.14 trillion) globally each year, Ember said. Cutting reliance on US, Russian fossil fuels Russia’s full-scale invasion of Ukraine in 2022 exposed one of Europe’s…

This story continues at The Next Web