Planned electricity grid investments fall short of expansion needs – EU Court of Auditors

“It's not easy to make the necessary investment in networks and, at the same time, keep prices low for consumers, especially families and industries that use a lot of energy,” says an audit by the European Court of Auditors.

Planned electricity grid investments fall short of expansion needs – EU Court of Auditors

The EU urgently needs to modernise the European electricity grid. This is the result of the European Court of Auditors. What challenges there are and what the dismantling and conversion really costs.

The National Commission of Markets and Competition (CNMC) plans to have in "the next few months" a map of capacity of the entire electricity grid that facilitates where available capacity exists, announced the director of Energy of the agency, Rocío Prieto. In his participation in the forum 'Wake Up, Spain! organized by El Español/Invertia, Prieto pointed out that this map of capacity will allow people who want to connect to the network "to go s…

Europe Risks Grid Crisis Without Immediate Action on Dispatchable Power, Group Warns

Europe’s ambitious push toward carbon neutrality is rapidly replacing fossil fuel–fired power generation with variable renewable resources (VRE), but this shift is exposing the region to a growing risk of The post Europe Risks Grid Crisis Without Immediate Action on Dispatchable Power, Group Warns appeared first on POWER Magazine.