By Helena Freitas ( July 17, 2026, 13:22 GMT | Insight) -- Electricity should account for 46 percent of final energy consumption by 2040, according to plans the European Commission presented Friday. In addition, the EU executive also presented measures that would impact industry, transportation and buildings. The commission is employing sector-specific electrification measures, while seeking to narrow the electricity-to-gas price gap and phase out fossil-fuel subsidies.Industry, transportation and the building sector face a new wave of EU measures aimed at accelerating electrification, as the European Commission seeks to reduce fossil-fuel imports and bring down energy costs (see here)....
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