Moeve and PwC report says green molecules can cut EU’s external energy dependence 50% by 2040
In Spain, green molecules are set to play a central role in strengthening Europe’s energy security, improving industrial competitiveness and decarbonizing hard-to-electrify sectors, according to a new report, “Why Does Europe Need Green Molecules?”, published by Moeve in collaboration with PwC and to be presented today in Brussels to policymakers, business leaders, and other key stakeholders.
The report highlights that green molecules— such as renewable hydrogen and its derivatives (ammonia and methanol), second generation biofuels, and biomethane—can reduce Europe’s external energy dependency by 50% by 2040, while advancing climate neutrality goals under the Green Deal, Fit for 55, and REPowerEU frameworks.
Category: Fuels
