Battery electric vehicles (BEVs) have experienced an unprecedented rise in popularity in Europe, going from around 57,000 new registrations in 2015 to 721,000 in 2020 – a growth of 1,164%.
Heating is also being electrified in a bid to reduce emissions. As a result, the sale of heat pumps has grown from 893,000 in 2015 to 1,620,000 in 2020 in Europe – a growth of 81%.
While new solar PV capacity saw a dip towards the middle of the last decade, it has recovered over the past two years and is set to surpass its all time high of around 21 GW in 2011 in the coming years.