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Euronews
Euronews
Marta Pacheco

European Commission to unveil €1.2 trillion plan to upgrade the EU's electric grids, leak shows

European Union Commission Europe Electricity Tom Lewis EU27 Euronews the European Commission Hydrogen Renewable Energy

The European Commission is to launch a near-€1.2 trillion project aimed at helping EU member states fast-track permits for grid infrastructure, renewable energy projects and storage, in a bid to modernise the bloc’s electric grid, according to a leaked document seen by Euronews.

The bloc’s existing grid planning and permitting system has been criticised as fragmented and inadequate to the pace of needed expansion, a significant obstacle to renewable energy integration.

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