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Home » News » Grid » European Commission Drafts Ambitious Plan to Boost Investment in Power Grids
Grid

European Commission Drafts Ambitious Plan to Boost Investment in Power Grids

By Stanley SheltonNovember 25, 20232 Mins Read
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The European Commission has outlined plans to significantly increase investment in Europe's power grids, with a draft document obtained by Reuters revealing a comprehensive strategy. Estimates from the European Union indicate that a substantial investment of 584 billion euros ($637 billion) is required to modernize the continent's power grids over the next decade. Many existing

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