WEBVTT
kind: captions
lang: en

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[Music, Vibrant]

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Electricity will be the fuel of the future.

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[Music, Vibrant]

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Europe is one of the largest energy markets in the world,

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it is the largest consumer market today in the world,

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it has today a leadership
in the electrification and electricity business.

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Unquestionably, the ingredients are all there.

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Obviously, it can play – it must play –

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a big role in the electrification of the world.

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We have an excellent opportunity now to fight climate change

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and we see that through three things:

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drive electrification, because that’s a very good component

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in fighting climate change and then, also,

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to decarbonise electricity, because if you are going to use it

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of course you also have to make sure to decarbonise that part,

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you also have to look at the social aspects of this change.

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We need to work with all those three things

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to create a future for Europe,

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but also where we participate as an industry, to a very high extent.

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We already have a set

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of ambitious targets for 2030,

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which mean that in just 10 years we’re going to have

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more than half of all electricity come from renewables,

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we’re going to have 40 million electric cars on the roads

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in 10 years from now and we’re going to also have

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a much more digitised and much more complex electricity system.

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This is an exciting new world

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with a lot of opportunities for our sector,

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but also for the other sectors that have been struggling

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to see what is their future growth path.

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It’s a big discovery trip into a very complex world,

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full of interesting people with a lot of passion

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and willingness to help and to contribute.

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So, it’s been, first of all, a big discovery,

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a big voyage and a big effort to try and unify,

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on some basic principles, all these different ideas.

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[Music, Vibrant]

NOTE
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