Study: Germany's power grid expansion could cost €651 billion

By Yahoo! Finance   |   1 year ago
Study: Germany's power grid expansion could cost €651 billion

Germany plans to expand its electricity grid to support renewable energy shift, costing €651 billion by 2045. Doubling annual spending to €34 billion is required, with the goal of achieving climate neutrality by 2045. The study warns of potential higher costs and identifies risk factors.

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