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Brussels plans €1.2 trillion investment to modernise Europe’s power grids

The European Commission is set to launch a massive plan to modernise electricity transmission networks, including eight key projects, reinforced storage capacity, and the creation of cross-border hydrogen corridors.

Brussels plans €1.2 trillion investment to modernise Europe’s power grids

SectorRéseaux électriques, Interconnexions
ThemeRégulation & Gouvernance, Politique publique

The European Commission is preparing to present a €1.2 trillion ($1.3tn) investment plan to accelerate the modernisation of electricity grids across the 27 member states. The project, known as the “Grids Package”, aims to fast-track permits for grid infrastructure, renewable energy projects, and storage capacity.

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Réseaux électriques