Archives January 2021

Making power grids fit for the transition will create 500,000 jobs

Last update on Jan. 15, 2021.

Making power grids fit for the transition will create 500,000 jobs

Distribution grids are the backbone of the digital and energy transition, as they ensure a continuous and reliable electricity flow, integrate the majority of renewable energy sources and enable the creation of new services for consumers. But to be fit-for-purpose in an increasingly decarbonised, decentralised and digitalised power system, there is an urgent need to ramp up investments in Europe’s distribution grids.

European distribution grids will need investments of €375-425 billion until 2030. That is the main conclusion of a landmark study conducted by the industry bodies Eurelectric and E.DSO. A first of its kind, the study which ...

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Catch Up - Connecting the Dots: Distribution Grid investment to Power the Energy Transition

Last update on Jan. 15, 2021.

Catch Up - Connecting the Dots: Distribution Grid investment to Power the Energy Transition

We're sorry you weren't able to attend our digital event. The recording will be made available on our website shortly. https://www.eurelectric.org/events/

Key messages are the following:

  • European distribution grids will need investments of €375-425 billion until 2030 to be to be fit-for-purpose in an increasingly decarbonised, decentralised and digitalised power system.
  • Modernisation, renewables integration and electrification are key investment drivers. The infrastructure is aging: 50 % of the grids are likely to be over 40 years old by the end of the decade. Moreover, expansions and replacements will be needed to integrate renewables, 70% of ...

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