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This study proposes a novel supply-side mechanism driving economic structural transformation: grid electrification. Increasing electricity availability affects the reallocation of inputs to more productive activities through generating higher returns and lowering entry costs in sectors with...
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Electric vehicles (EVs) could play a central role in decarbonising road transport. But this new type of electricity load will need careful management. Although electricity needs for EVs are likely to remain small relative to overall load in most regions for many years to come, they could have a...
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