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Electrification has been a key component of technological progress and economic development since the industrial revolution. It has improved living conditions, spurred innovation, and increased efficiency across all sectors of our economy and all aspects of our lives. During the coming decades, electrification is expected to reach further and deeper into the transportation, building, and industry sectors, mainly motivated by the energy transition to a zero-carbonemission-based economy to mitigate climate change.
Rivera et al. (Tue,) studied this question.