Streamlined grid development framework could cut need for investments by EUR 12bn a year

Around DKK 500bn (EUR 67bn) needs to be invested in the electricity grid in the EU and Norway every year until 2050, according to a new analysis — but a new framework could change that figure. 
Photo: PR Green Power Denmark
Photo: PR Green Power Denmark

A new analysis indicates that the EU’s 27 member states plus Norway need to invest DKK 500bn (EUR 67bn) per year in the electricity grid by 2050 if the EU’s climate and energy goals are to be achieved.

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