EMEA > Europe > Leaked EU electrification plan taps ETS revenues, leaves 2040 target unresolved

Leaked EU electrification plan taps ETS revenues, leaves 2040 target unresolved

Published 12:48 on July 9, 2026 / Last updated at 15:57 on July 9, 2026 / / EMEA (Europe), Net Zero Transition (Power/Electrification)

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Brussels is set to propose a plan to electrify the bloc's economy that would require EU member states to devote a greater share of carbon market revenues to industrial decarbonisation, according to a leaked draft of the forthcoming Electrification Action Plan, which still leaves its headline 2040 electrification target undecided.
Brussels is set to propose a plan to electrify the bloc's economy that would require EU member states to devote a greater share of carbon market revenues to industrial decarbonisation, according to a leaked draft of the forthcoming Electrification Action Plan, which still leaves its headline 2040 electrification target undecided.


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