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.
Over 6.5GW of US solar PV capacity will be totally obscured from sunlight by today’s full solar eclipse, according to data from the Energy Information Administration (EIA).
Since 2023, the main concern facing solar PV project developers in Europe has shifted from supply and module pricing to inadequate grid availability, as reflected in a number of discussions at the Large Scale Solar Europe 2024 conference in Lisbon this week.
Italian grid operator Terna has planned to invest €16.5 billion (US$18 billion) in the next five years to strengthen and expand Italy’s transmission grid.
Polish transmission system operator (TSO) Polskie Sieci Elektroenergetyczne (PSE) has planned to invest PLN64 billion (US$16 billion) in new transmission lines by 2034.