Europe’s Renewables Grid Upgrade Has a Multitrillion-Dollar Price Tag

Europe’s Renewables Grid Upgrade Has a Multitrillion-Dollar Price Tag

Europe’s ambition to reach net-zero emissions by 2050 hinges on ramping up solar and wind power, potentially tripling the amount of electricity crackling through the power grid. Its grid, however, is a network built for steady, centralized coal-fired power. Turning this into one capable of managing vast, intermittent flows is the biggest engineering challenge since its inception. And the potential costs of that infrastructure upgrade, without in…

Many official bodies are now investigating why Spain went dark on April 27. At least as many companies and organizations are already offering their ideas to prevent something similar from happening again.