The European Union is called to implement its power grids to support the forecast increase in electricity generation capacity and consumption by heating systems, electric vehicles, industrial activities, and domestic sector, as part of the decarbonization strategy of the EU countries. In 2023, the EU invested approximately 23 billion euros in electricity grids, an amount that differs considerably from the annual investment needs for the electricity infrastructure, which will reach 100 billion euros by 2050.
Annual electricity grid investment in the European Union in 2023 and needs for 2030 and 2050
(in billion euros)
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Energy Post. (September 6, 2023). Annual electricity grid investment in the European Union in 2023 and needs for 2030 and 2050 (in billion euros) [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1418463/needed-electricity-grid-investment-european-union/
Energy Post. "Annual electricity grid investment in the European Union in 2023 and needs for 2030 and 2050 (in billion euros)." Chart. September 6, 2023. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1418463/needed-electricity-grid-investment-european-union/
Energy Post. (2023). Annual electricity grid investment in the European Union in 2023 and needs for 2030 and 2050 (in billion euros). Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1418463/needed-electricity-grid-investment-european-union/
Energy Post. "Annual Electricity Grid Investment in The European Union in 2023 and Needs for 2030 and 2050 (in Billion Euros)." Statista, Statista Inc., 6 Sep 2023, https://www.statista.com/statistics/1418463/needed-electricity-grid-investment-european-union/
Energy Post, Annual electricity grid investment in the European Union in 2023 and needs for 2030 and 2050 (in billion euros) Statista, https://www.statista.com/statistics/1418463/needed-electricity-grid-investment-european-union/ (last visited November 23, 2024)
Annual electricity grid investment in the European Union in 2023 and needs for 2030 and 2050 (in billion euros) [Graph], Energy Post, September 6, 2023. [Online]. Available: https://www.statista.com/statistics/1418463/needed-electricity-grid-investment-european-union/
