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Achieving the UK’s commitment to achieve netzero emissions by 2050 will require an annual decarbonisation rate of 9.7%. This year the UK became the first major economy to set a legally binding commitment to reach netzero emissions by 2050. required decarbonisation rate for netzero.
However, renewables and electrification alone can’t realize the EU’s net-zero ambition. These improvements owe in part to the regulatory stimulus provided to network operators under the 2012 Energy Efficiency Directive (EED). Already in Europe these profound, positive shifts in energy production and distribution are underway.
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