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Preparing Europe’s grid for tomorrow
Policy Dispatch: The FORESIGHT podcast on the policies underpinning the energy transition
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Grids are a key part of Europe’s energy system but they need a massive overhaul to be ready for the growth in renewables and electricity demand expected up to 2050. Kristian Ruby joins the Policy Dispatch to look at the current situation and what is needed to make the change happen.
Europe’s grids need a major revitalisation to be able to support the energy transition. As more renewables and electric vehicles are rolled out, they will need to be bigger and smarter than ever.
Grid industry group Eurelectric has come out with two new reports, one on investment and supply chain needs and one on digitalisation, to look at the current state of Europe’s grids and what is needed for the energy transition to be a success.
The shift comes with a big price tag – Eurelectric estimates that it needs €67 billion every year until 2050 to keep up with the doubling of electricity consumption. But that could be reduced to €55 billion a year if the rollout is done efficiently and is supported properly.
Eurelectric’s secretary-general Kristian Ruby joins the Policy Dispatch to talk about the group’s latest research into the state of Europe’s grids and what is needed to get them fit for the 21st century.
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You can read Eurelectric’s two reports here:
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