Latest Posts

Omnichat Raises US$10M Series A Led by Openspace Capital to Scale AI Agent Platform and Drive Global Expansion

Omnichat Raises US$10M Series A Led by Openspace Capital to Scale AI Agent Platform and Drive Global Expansion

140th Canton Fair: Technology, Culture and Craftsmanship Reshape the Jewelry Industry

New electrification index shows China out front as US risks stalling and Europe’s policies outpace delivery

SHARE

← All PR Newswire releases

Source: PR Newswire · We Mean Business Coalition(WMBC) · View original release

LONDON, Oct. 27, 2026 /PRNewswire/ — China is pulling ahead on electrification, while the US risks losing momentum and some of Europe’s biggest economies have yet to translate policy into delivery, according to new analysis.

The Electrification Competitiveness Index assesses progress in 16 countries, measuring electrification delivery on the ground and the conditions needed for further progress. These enabling and deployment factors indicate how ready economies are for businesses to electrify operations.

The analysis exposes a widespread implementation gap, with policy and other enabling conditions ahead of electrification deployment across most countries.

The Index, developed by We Mean Business Coalition with support from RMI, assesses Australia, Brazil, China, Ethiopia, France, Germany, India, Indonesia, Italy, the Philippines, Poland, South Africa, South Korea, Spain, UK and US.

Electrification, combined with clean power, can reduce fossil fuel reliance, strengthen energy security, reduce exposure to volatile fuel prices, support growth and productivity, cut emissions and improve health through cleaner air. It will be a key focus at COP31.

Countries are grouped in four categories:

  • Solid foundation – China, France, Spain: relatively strong deployment and strong enablers. China has the highest deployment score, backed by coordinated grid investment, industrial policy and incentives. France and Spain score well on grid performance and clean power shares. In all three countries, electricity prices are more competitive against gas than in most other economies assessed.
  • Potential for take-off – Germany, India, Italy, Poland, UK: enablers higher than deployment. The UK has the largest gap between policy and delivery. Electricity costs around five times as much as gas per unit of energy for UK industry, while Germany faces a grid connection backlog of hundreds of gigawatts.
  • Risk of stalling – US, Australia, Brazil, Ethiopia, South Korea: deployment sits at/above the halfway mark with enablers below the median. In the US federal policy reversals and grid bottlenecks risk slowing momentum. The US has more than 2TW of generation and storage waiting in interconnection queues, compared with roughly 1.3TW of existing generating capacity.
  • Early-stage adoption – Indonesia, the Philippines and South Africa: below the halfway marks on deployment and enablers. Clean power accounts for 18% of generation in Indonesia and South Africa and 23% in the Philippines, while grid investment in all three is below 0.4% of GDP, against 0.65% average across the sample.

Report & full release: https://www.wemeanbusinesscoalition.org/blog/new-index-maps-electrification-competitiveness-of-countries/

Posted in

RELATED ARTICLES

Omnichat Raises US$10M Series A Led by Openspace Capital to Scale AI Agent Platform and Drive Global Expansion

Source: PR Newswire · Omnichat Limited · View original release HONG KONG, Oct. 27, 2026 /PRNewswire/ -- Omnichat, an AI-native marketing and customer experience platform, today...

Omnichat Raises US$10M Series A Led by Openspace Capital to Scale AI Agent Platform and Drive Global Expansion

Source: PR Newswire · Omnichat Limited · View original release HONG KONG, Oct. 27, 2026 /PRNewswire/ -- Omnichat, an AI-native marketing and customer experience platform, today...

140th Canton Fair: Technology, Culture and Craftsmanship Reshape the Jewelry Industry

Source: PR Newswire · Canton Fair · View original releaseGUANGZHOU, China, Oct. 27, 2026 /PRNewswire/ -- At Phase 2 of the 140th Canton Fair, jewelry...

Kaspersky Earns Frost & Sullivan’s 2026 Global Company of the Year Recognition for Global APT Intelligence & Attribution

Source: PR Newswire · Frost & Sullivan · View original releaseRecognition highlights Kaspersky's capabilities in advanced threat intelligence, adversary attribution, and intelligence-led cybersecurity. SAN ANTONIO,...

Big Tree Cloud Holdings Limited Announces Filing of Annual Report on Form 20-F for Fiscal Year 2026

Source: PR Newswire · Big Tree Cloud Holdings Limited · View original releaseSHENZHEN, China, Oct. 27, 2026 /PRNewswire/ -- Big Tree Cloud Holdings Limited ("Big Tree...

Nearmap Backs Australian Small Businesses with Accessible Property Intelligence

Source: PR Newswire · Nearmap · View original release New MapBrowser Essentials and Pro plans give smaller teams greater cost certainty, more flexibility, and room...

Omnichat Raises US$10M Series A Led by Openspace Capital to Scale AI Agent Platform and Drive Global Expansion

Source: PR Newswire · Omnichat Limited · View original release HONG KONG, Oct. 27, 2026 /PRNewswire/ -- Omnichat, an AI-native marketing and customer experience platform, today...

Omnichat Raises US$10M Series A Led by Openspace Capital to Scale AI Agent Platform and Drive Global Expansion

Source: PR Newswire · Omnichat Limited · View original release HONG KONG, Oct. 27, 2026 /PRNewswire/ -- Omnichat, an AI-native marketing and customer experience platform, today...

140th Canton Fair: Technology, Culture and Craftsmanship Reshape the Jewelry Industry

Source: PR Newswire · Canton Fair · View original releaseGUANGZHOU, China, Oct. 27, 2026 /PRNewswire/ -- At Phase 2 of the 140th Canton Fair, jewelry...

Don't Miss

image

World Cup Fans Hear About the Greatest Victory Through Jesus

Screen Shot 2026-07-09 at 11.47.07 AM

GAME ON: SPORTS ANIME TO WATCH DURING THE FIFA WORLD CUP ON CRUNCHYROLL

image

Christian Athletes Bring Their Faith to the World Cup Stage

image

Standing Amid the Storm: Indiana Crucifix Inspires Hope