Europe’s grid bill: EUR 1.2 trillion and counting - who will foot the bill for modernizing Europe’s aging electricity networks?
Europe faces a staggering EUR 1.2 trillion bill to modernize its electricity grids by 2040. Without urgent investment, grid bottlenecks and under-capacity will drive electricity prices higher and threaten Europe’s ability to meet net-zero targets.
Dr Roelof Platenkamp, industry expert and Senior Partner at Clear (ex-Shell, Founder Tulip Oil) highlights why current plans fall short and how this underinvestment risks Europe’s industrial future.
To read the full analysis on Europe’s grid challenges and opportunities, comment “Energy”.
