( August 24, 2026, 16:09 GMT | Official Statement) -- MLex Summary: The EU’s target to increase electricity’s share of final energy consumption to 46 percent by 2040 will help reduce Europe’s exposure to fossil-fuel price shocks, the European Commission president said today. Ursula von der Leyen, in her video message to ONS 2026 — a global energy conference in Norway — also highlighted plans to expand power grids and carbon storage, as well as the need to increase the use of clean electricity in transport, heating and industry.Press release follows, and is below....
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