Seven European nations pledge to stop CO2-emitting power production by 2035
The news: Seven European nations have pledged to eliminate CO2-emitting power plants from their electricity systems by 2035.
European Union (EU) members Austria, Belgium, France, Germany, Luxembourg, the Netherlands and non-EU Switzerland came to the agreement, according to Reuters.
The numbers: The EU received 41% of its electricity from renewable sources in 2022, European Environment Agency data shows.
The context: The EU members account for nearly half of all EU power production, due to Germany and France being in the pact.
These nations said existing EU climate measures are likely to steer Europe towards a nearly CO2-free power sector by 2040.
The seven nations have an interconnected power system and said they would build enough grids and energy storage to integrate large amounts of low-carbon power and keep it flowing across borders.
The source: Reuters