Tuesday, 06 May, 2025
|
In Stepanakert:   +12 °C

EU power grid needs trillion-dollar upgrade to avert Spain-style blackouts

EU power grid needs trillion-dollar upgrade to avert Spain-style blackouts
191
Yesterday, 22:27

Europe's ageing power grid and lack of energy storage capacity will require trillions of dollars in investments to cope with rising green energy output, increasing electricity demand and to avoid blackouts.
A week ago, Spain and Portugal lost power in their worst blackout. Authorities are investigating the cause, but whatever the findings, analysts and industry representatives say infrastructure investment is essential.