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EU industries can be more competitive by electrifying processes, lobby group says

By Eleonora Rinaldi ( June 2, 2025, 22:03 GMT | Insight) -- European industries could become more competitive by electrifying their process heating, according to a new study by consultancy Accenture and electricity lobby group Eurelectric. The likes of heat pumps and arc furnaces are already outperforming their fossil-fueled counterparts in the cleantech sector, but don't deliver enough cost savings for energy-intensive sectors such as steel and aluminum, the study shows. More financial support is needed to help industries to electrify, Eurelectric says.European industries ranging from clean technologies to the food and beverage sector could enhance their competitiveness, improve energy safety and reduce their carbon footprint by replacing fossil-fueled process heating with electric alternatives, according to a study by consultancy Accenture and European electricity lobby group Eurelectric....

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