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13 Nov

EVs, electrolysers to increase Europe’s power demand by 30% by 2035

Electromobility and hydrogen electrolysers will drive a 30% growth in European power demand by 2035, according to a new report by LSEG Power Research. The London Stock Exchange Group company forecasts that power consumption from electric vehicles will rise to around 170 terawatt-hours (TWh) in 2030, and close to 300 TWh in 2035. The latter forecast figure compares to the anticipated power demand of Spain in the 2030s, the report says. Demand from electrolysers i…
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