Europe requires EUR 67 billion per year for power distribution upgrades

Strengthening and upgrading power distribution grids in Europe will require EUR 67 billion annually from 2025 to 2050. The energy transition emphasizes electricity infrastructure and grids to support renewable energy and transportation electrification. Digitalization of grid operations is crucial. Southeastern Europe shows a surge in consumption, renewable energy, and investment needs.

Source:

https://balkangreenenergynews.com/eurelectric-greece-romania-and-slovenia-called-to-invest-billions-for-power-grids/

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