Catch Up - Connecting the Dots: Distribution Grid investment to Power the Energy Transition

Last update on Jan. 15, 2021.

Catch Up - Connecting the Dots: Distribution Grid investment to Power the Energy Transition

We're sorry you weren't able to attend our digital event. The recording will be made available on our website shortly. https://www.eurelectric.org/events/

Key messages are the following:

  • European distribution grids will need investments of €375-425 billion until 2030 to be to be fit-for-purpose in an increasingly decarbonised, decentralised and digitalised power system.
  • Modernisation, renewables integration and electrification are key investment drivers. The infrastructure is aging: 50 % of the grids are likely to be over 40 years old by the end of the decade. Moreover, expansions and replacements will be needed to integrate renewables, 70% of which will be connected at distribution level, and to support the progressive electrification of industry, transport and buildings.
  • Despite average annual investment needs of €34-39 billion, the impact on electricity prices and grid tariffs is likely to be moderate if policy makers and regulators provide the right framework conditions and a smart tariff design.

We look forward to having you join us for one of our upcoming online events of which you can find further details on our website.

Our Power Summit will this year take place from 25 to 28 May. Please mark your agenda. https://www.eurelectric.org/events/2021-ps-electric-decade/

With kind regards,

The Eurelectric Events Team
Please send your questions, comments and feedback to: gotowebinar@eurelectric.org.

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