On Tuesday, 1 April, the European Court of Auditors (ECA) pointed out in a new publication dedicated to the EU’s electricity grids that the current pace of planned grid investments will not be sufficient to meet future electricity demand, which is expected to double by 2050.
According to the report, grid operators’ investment plans are expected to total €1.871 trillion between 2024 and 2050 if the current pace continues. This amount falls short of investment needs, which the...