Stalled spending on electrical grids worldwide is slowing the rollout of renewable energy and could put efforts to limit climate change at risk if millions of miles of power lines are not added or refurbished in the next few years, the International Energy Agency said.
The Paris-based organization said in the report Tuesday that the capacity to connect to and transmit electricity is not keeping pace with the rapid growth of clean energy technologies such as solar and wind power, electric cars and heat pumps being deployed to move away from fossil fuels.
