On Friday 14 November, the European electricity industry, represented by Eurelectric, issued a position paper calling on the European Commission to ensure a “predictable and stable” regulatory framework in order to attract private investment for the development of electricity networks.
Eurelectric’s recommendations come less than a month before the release of the European legislative package on grids on 10 December.
“Thirty percent of Europe’s low voltage distribution grids are over 40 years old, and if we do not act decisively over the next 25 years, that number will jump to 90%”, warns the association. Eurelectric therefore hopes that political decision-makers will “modernise obsolete frameworks and put in place grids capable of evolving at the same pace as Europe’s ambitions”.
Among the requests are “simplified” licensing and procurement procedures, with a maximum timeframe of six months, and European funding dedicated to modernising distribution grids.
Eurelectric is also calling for the costs associated with resilience and cybersecurity to be taken into account in regulation, and for planning to be “rooted in local realities”.
Read the position paper: https://aeur.eu/f/jfx (Original version in French by Pauline Denys)