EU Faces 250-Billion Euro Gap in Grid Investment Plans ...Middle East

Grid operators in Europe are facing a shortfall of 250 billion euros, or $293 billion, in investments necessary to upgrade grids in line with energy transition plans, Boston Consulting Group has said in a new report. BCG said that over the next three years, transmission system operators, or TSOs, in Europe, should invest 345 billion euro ($405 bln) over the next three years. That amount would be three times larger than investments in the five previous years. However, grid operators would only be able to generate a portion of that investment, BCG…

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