Public policies for electrification
Public policies play a central role in enabling electricity to make economies more competitive, improve quality of life in a more urbanized world, and better protect the environment and climate.
Here are five key enablers for effective policies supporting the electrification of end uses and successful examples for each.
Set clear and efficient sector-specific electrification goals
These should be in line with economy-wide policies targeted at energy efficiency and emissions.
Establish a level playing field for all energy carriers
Efficient electrification requires fair competition between energy carriers
Set up regulation and support for the development of infrastructure
This is crucial for electric mobility charging infrastructure as well as for the digitalization of cities, homes and industries.
Expand R&D and demonstrations to accelerate technology development
To ensure that the electrification solutions of the future will be available on time and on budget, specific technology roadmaps must be drawn up.
Update energy efficiency codes
Efficiency standards for buildings should allow for fair competition between energy solutions.