Grids for speed.

Europe must double the annual investments in electricity grids over the next 25 years (to reach €67 billion) or risk missing its decarbonization targets, Montel News reported.

The report, released by the EU power lobby group Eurelectric at their summit in Greece (where I am too), warns about the urgency to modernize the bloc's grids or fail to properly integrate renewables.

Anca heashot

Anca Gurzu

Chief Europe Correspondent