Grid infrastructure can’t cope with RE boom – BMI research ...Middle East

MANILA, Philippines —Increasing investments in renewable energy technologies will dampen grid infrastructure development in the next decade, thus straining global energy transition efforts, an international think tank said. BMI, a unit of the Fitch Group, said in a report that current renewable energy projects would see “little relief” from congested grid conditions despite growing investments. “The grid has emerged as a bottleneck to the global energy transition, with investments in nonhydropower renewable generation capacity outpacing grid infrastructure spending,” BMI explained. BMI also noted that investment in renewables had been outpacing grid spending since 2018 by an average of $

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Grid infrastructure can’t cope with RE boom – BMI research ...Middle East

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