Aging Infrastructure Threatens the Future of European Energy ...Middle East

OILPRICE - Economy
Aging Infrastructure Threatens the Future of European Energy
source : OILPRICE ( Middle East ) () 78
As Europe’s energy demand continues to grow, the region’s transmission infrastructure is in dire need of an upgrade. There have long been concerns about investment in Europe’s grid lagging behind renewable energy investment and therefore delaying the deployment of clean power. However, recent assessments have demonstrated just how imminently grid modernisation is needed, if the region hopes to achieve its end-of-decade climate goals.  According to the International Energy Agency (IEA), at least 1,500 GW of renewable energy…

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