Energy security has moved to the heart of Europe’s economic and strategic agenda. Geopolitical instability, dependence on imported fuels and intensifying global competition have exposed the risks of an energy system that leaves European industry vulnerable to external shocks and structurally high costs. At the same time, the race for advanced manufacturing, clean technologies, AI and computing capacity is making access to abundant, reliable and competitively priced power an increasingly important determinant of investment and industrial competitiveness. 

Energy security, industrial competitiveness and technological sovereignty are therefore increasingly intertwined. Greater electrification can reduce Europe’s exposure to imported fossil fuels while providing the foundation for more resilient manufacturing, digital infrastructure and home-grown industrial capacity. But achieving this will require stronger grids, faster permitting, greater generation and storage capacity, and an energy system capable of supporting rising demand at competitive prices. 

The Financial Times, in partnership with Iberdrola, will convene policymakers, industry leaders and experts in Brussels to examine how Europe can build a more secure and resilient energy system — and how electrification can strengthen industrial competitiveness, reduce external dependencies and support Europe’s ambitions in an increasingly technology-driven global economy.

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