At four times the cost of heat electrification will not decarbonize industrial processes anytime soon

By Jakob Jensen Legislators, investors, and journalists seem to believe that we can decarbonize the world through electrification. While it’s possible to electrify most (land) mobility and low-temperature heat generation, there’s no plausible profitable path to replace burning fossil fuels with renewable power production since the cost of electricity on average is 4.4 times the cost of heat.The only..

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