Eurelectric Report: EU Power Sector Cuts Emissions by 50% Since 2008, but Electrification Rate Stagnates at 23% Amid 7.5% Drop in Electricity Demand

In 2023, the EU power sector achieved a 50% reduction in emissions compared to 2008 levels, yet the electrification rate has remained stagnant at 23% over the past decade. A study by trade body Eurelectric indicates that, in contrast, China has improved its electrification rate by 7% since 2015. According to Eurelectric's Power Barometer 2024,