Report reveals outdated grid planning delays Europe’s renewable shift
From Yahoo Finance: 2025-05-14 10:35:00
Europe’s electricity infrastructure is struggling to keep up with the transition to renewable energy, hindering the integration of cleaner and more affordable power sources. Outdated planning and mandates are holding back essential upgrades and expansions of electrical networks across the continent. A report highlights the critical role of grids in enabling the shift away from Russian fossil fuels towards domestic renewables. However, many transmission system operators are still relying on outdated projections, failing to accommodate the rapid growth of renewable energy. The recent power failure in the Iberian Peninsula underscores the urgent need for grid enhancements for energy resilience. Without revised grid planning regulations, Europe risks becoming reliant on fossil gas instead of renewables. Upgrading the grid is vital for the electrified economy of the future, calling for improved governance and oversight to meet contemporary energy needs. Additionally, delays in grid connections for renewable energy initiatives and significant curtailment of renewable electricity highlight the challenges facing Europe’s energy transition. Only a few transmission system operators are planning for a power system based on renewables, while many are yet to recognize the climate emergency in their obligations. Just a handful of operators hold investment-grade ratings, with some issuing green bonds to secure funding.
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