60% of the infrastructure investment should be spent on distribution grids, 25% on transmission grids and the rest on cross-border transmission and storage. Image: Unsplash.
According to a report from industry lobby group the European Round Table for Industry (ERT), investment in Europe’s energy infrastructure requires €800 billion (US$870 million) by 2030.
The report, “Strengthening Europe’s Energy Infrastructure” – which was written in partnership with consulting firm Boston Consulting Group (BCG) – highlights the imperative of industrial decarbonisation and how the surge in demand for renewable energy has put a toll on the current infrastructure in the region.
(The above content is reproduced from pv-tech，ByJonathan Touriño Jacobo）
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