Europe's energy grid urgently needs modernization for sustainability
Europe's energy transmission infrastructure is struggling to keep up with rising demand and renewable energy investments. Recent assessments show that 1,500 GW of renewable projects are delayed due to insufficient grid connections, highlighting an urgent need for modernization. Many EU countries are basing grid investments on outdated capacity assumptions, risking a significant shortfall in connecting new renewable projects. The European Commission has launched an Action Plan to accelerate grid expansion, but $633 billion is needed to upgrade aging systems. Calls for faster infrastructure projects are growing as Europe aims to meet its 2030 climate goals. Experts suggest establishing a European independent system operator to improve coordination and funding for grid upgrades, addressing the fragmented nature of current networks.