Global Energy Desk: The global energy transition is entering a new phase in which investment is increasingly shifting from simply adding renewable generation toward strengthening and integrating electricity grids.
Reuters reported that utilities are moving more spending toward grid infrastructure as electricity demand rises and power systems become more complex. citeturn0news3
Why Grids Are Becoming More Important
Solar and wind generation can vary depending on weather conditions. Strong transmission networks, storage and flexible demand can help balance electricity supply and demand.
Impact on Countries
For emerging and developed economies alike, reliable grids are increasingly important for data centres, manufacturing, electric vehicles and household electricity demand.
External source: Reuters
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