CIP: Europe could reduce electricity prices by 40% by 2050 with clean energy

Blank Green ENERGY NEWS
2026.05.06 14:57
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Copenhagen Infrastructure Partners (CIP) reports that Europe could cut electricity prices by 40% and fossil fuel imports by 80% by 2050, meeting 95% of energy demand with clean sources. This requires EUR 210 billion in annual investments. The report outlines three scenarios for energy transition, emphasizing the need for electrification and infrastructure development. Key technologies include onshore wind and solar PV, with a total investment of EUR 5.2 trillion needed over 25 years. CIP asserts that Europe can achieve affordability and energy security through domestic renewable energy.