Grid Delay Case News Today

The global electricity grid will require adding or replacing 80 million km of grids by 2040 to meet climate targets and support energy security, according to the International Energy Agency.

According to the IEA, "the world must add or replace 80 million km of grids by 2040, equal to all grids globally today, to meet national climate targets and support energy security".

The global electricity grid will require adding or replacing 80 million km of grids by 2040 to meet climate targets and support energy security, according to the International Energy Agency.

Global policymakers and businesses must act fast to expand the power grids sector and boost its annual investment to $600 billion by 2030. The choice is either invest in grids today or face gridlock tomorrow, warns the International Energy Agency head.

A new IEA report on global electrical grids has found that 80 million kilometres of power lines will have to be replaced or added by 2040 to hit climate targets and ensure energy security.

Achieving climate targets will require an additional 80 million kilometres of power lines worldwide to expand grids by 2040, IEA says.

Utility industry news and analysis for energy professionals.

A special report by the IEA warns that unless policymakers and companies improve and expand the worlds electricity grids, efforts to tackle climate change and ensure reliable electricity supplies could be put at risk.

PARIS, 17th October 2023 (WAM) – Efforts to tackle climate change and ensure reliable supplies of electricity could be put at risk unless policymakers and companies quickly take action to improve and expand the world’s electricity grids, according to a special report released today by the International Energy Agency (IEA).Grids have formed the backbone of electricity systems for more than a century, delivering power to homes, factories, offices and hospitals – and their importance is only...