Corporate giants urge governments to power up electrification plans

clock • 3 min read
Credit: iStock
Image:

Credit: iStock

More than 100 global businesses have issued a joint statement calling on governments to prioritise electrification in response to global energy and price shocks

Global leaders are facing fresh calls to place electrification at the heart of their economic strategies, as a means of combatting sustained market volatility caused by continuing reliance on fossil fuel...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

Sea Link: Government approves 2GW undersea power connection between Suffolk and Kent

Sea Link: Government approves 2GW undersea power connection between Suffolk and Kent

National Grid project capable of powering the equivalent of two million homes via a 138km high voltage electricity link given the green light by DESNZ

Stuart Stone
clock 30 October 2026 • 2 min read
'Obscene': Shell, BP and Equinor post 'bumper' third quarter profits

'Obscene': Shell, BP and Equinor post 'bumper' third quarter profits

Middle East crisis helps fossil fuel giants more than double year-on-year profits, which campaigners decry as a 'kick in the teeth' for UK billpayers

Stuart Stone
clock 30 October 2026 • 6 min read
'Startling act of climate hypocrisy': Scottish ministers approve new carbon capture gas power station at Peterhead

'Startling act of climate hypocrisy': Scottish ministers approve new carbon capture gas power station at Peterhead

Climate campaigners brand new fossil fuelled plant a 'catastrophic failure' from Scottish Government, but developers maintain pioneering project offers major boost to UK's clean energy system

Stuart Stone
clock 28 October 2026 • 5 min read