The European Union is taking major steps to prepare for a massive surge in electricity demand, driven by industrial growth and the rise of data centers.
- Tax cuts ahead: EU officials want to lower taxes on electricity to make it cheaper than gas and oil.
- Grid strain warnings: New proposals warn of potential power shortages at connection points.
- Prioritizing access: Regulators may soon decide who gets first dibs on grid connections when capacity is limited.
By making electricity more affordable and managing the grid smarter, the EU hopes to speed up the transition to a cleaner, electrified future.