Published April 30, 2025 | Version v1
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Market Brief: CEI in Energy Sector

Description

The European energy sector is undergoing significant transformation due to macroeconomic and geopolitical uncertainties, high energy costs, and the urgent need for decarbonization. EU companies face electricity prices 2-3 times higher than in the US, emphasizing the need for a transition to more efficient and sustainable energy systems. The energy transition, driven by the integration of distributed energy resources (DERs) like solar and wind, electrification, and decarbonization, presents both challenges and opportunities for innovation and new revenue streams.

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Additional details

Funding

European Commission
CEI-Sphere – Cloud-Edge-IoT Spheres of Large-Scale Pilots 101189683