Discussion Paper "Investment Requirements in the EU Electricity Sector up to 2050"

The VGB Scientific Advisory Board, being composed of about 30 holders of technical chairs from the energy industry from 12 European countries, has issued a new discussion paper

"Investment Requirements in the EU Electricity Sector up to 2050".

Key finding is that - driven by the two-degree-warming-target - any system transformation to less carbon will require unprecedented, massive investments not only in generation capacity, but also in new grid infrastructure and balancing energy. Such huge investment requirements would form not only an unprecedented challenge for the European societies, they would also require a consistent European energy policy from Poland to Portugal and from Finland to Greece to provide a true internal market, able to attract and remunerate these investments.

Please note the related article of Sonja van Renssen, energypost.eu, Security alert: Europe needs more grids, more power plants – say grid operators and generators.