European Commission: To implement these goals, the European Commission will evaluate a guiding goal in the post-2030 Energy Union policy package: to reach 46% of terminal energy electrification by 2040. If this target is achieved, the EU could reduce fossil fuel import expenses by 260 billion euros per year by 2040.

European Commission: To implement these goals, the European Commission will evaluate a guiding goal in the post-2030 Energy Union policy package: to reach 46% of terminal energy electrification by 2040. If this target is achieved, the EU could reduce fossil fuel import expenses by 260 billion euros per year by 2040.