Magnus Hall, the president of Swedish power firm Vattenfall, at this time took over the presidency of European electrical energy group Eurelectric.

He succeeds Francesco Starace, chief government of Enel, who headed Eurelectric as president for the final two years.

Hall’s priorities throughout his two-year mandate will probably be to proceed the efforts of the electrical energy business to change into carbon-neutral by 2045 and play a key function in Europe’s power transition.

“Electrification is the important thing enabler of a carbon-neutral future in Europe,” he mentioned, as his appointment was introduced at this time at Eurelectric’s annual summit in Florence, Italy.

“We wish to cooperate with policymakers and business to speed up electrification in transport, heating and business.

“Powered by carbon-neutral electrical energy, we are able to lead the transition within the power business and different sectors. This requires additional investments in renewable electrical energy era, in addition to environment friendly electrical energy distribution. We additionally want to assist residents change in the direction of a fossil free life.”

He added that “the circumstances and beginning factors naturally differ in European nations and due to this fact we additionally want politicians throughout the EU to resolve on frameworks and truthful measures that create a broad social acceptance for the power transition.”

He mentioned that he needed to steer Europe’s power transition in the direction of a system powered by carbon-neutral electrical energy, supported by a best-in-class mannequin for electrical energy distribution. His personal firm Vattenfall needs to make fossil-free dwelling attainable inside one era and already some 75 per cent of its electrical energy manufacturing is fossil free.

An extra precedence for Hall will probably be to achieve higher insights into the wants of shoppers and determine new methods to assist them in adopting low-carbon life. Eurelectric has pledged to advocate and analyse “methods to attempt for a good transition for all clients and cooperate with policymakers to place in place measures that guarantee broad social acceptance of the power transition”. 

Also newly-elected to Eurelectric as vice-presidents are Patrick O’Doherty, chief government of Irish utility ESB, and Leonhard Birnbaum, board member of German power large E.ON.

Outgoing president Francesco Starace has overseen a metamorphosis of Eurelectric, which noticed the adoption of a brand new business imaginative and prescient and technique, the streamlining of its inside construction and the introduction of a complete rebranding.

“These have been two difficult and busy years, by which I’m proud to have pushed the affiliation via an incredible transformation, whereby electrification and decarbonisation have change into the bywords of our business,” he mentioned at this time. “I’m completely satisfied at hand Magnus the reins of an affiliation that at this time is on the forefront of the power transition as I’m certain he’ll proceed main its journey in the direction of an impressive future for the European power sector.”

 

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