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Europe’s grid is receiving record levels of investment. But is it enough?

Smart Energy International

Reflecting on a week of record finance results from German and Dutch utilities, Smart Energy’s Power Playbook column sees Yusuf Latief discuss grid investment plans and whether they are indicative of grid planning finally going right. Germany’s 50Hertz is looking to invest €20.7 invested €5.2 invested €5.2

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Shetland wind power set to reach UK mainland via new HVDC link

Business Green

Major milestone reached for pioneering green grid project. A major renewable energy infrastructure project is to bring wind power from Shetland to the UK mainland via Europe's first multi-terminal high-voltage direct-current (HVDC) interconnection, the firms behind the development announced yesterday.

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Britain's power grid celebrates greenest day and month on record in 2022

Business Green

National Grid ESO data reveals a number of fresh records, as zero carbon power sources made up more than half of Britain's power for extended periods of the year. The electricity grid achieved its lowest ever carbon intensity month in February 2022, which delivered an average of 126g CO2/kWh over the period, the data reveals.

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UK leads Europe on new wind power as global turbine market enjoys boom

Business Green

The UK continued to lead Europe in new wind power last year, adding 2.4GW of both onshore and offshore capacity as turbine installations rose more than a quarter across the continent in 2019, according to trade body WindEurope. All three countries only built onshore wind farms in 2019.

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Largest PV investments in Poland and Ukraine

Renewable Energy World

In the European Union, the rate of electricity generation from renewable energy sources amounted to 38%, ahead of fossil fuels (37%), and nuclear energy (25%). Consequently, the growth of the RES share in final electricity consumption was also much weaker (+8 vs. +17 percentage points). An engine for change. awski, Electrum’s CEO.

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EIB finances grid upgrades across Germany

Smart Energy International

On the back of approving €805 million in clean energy financing, the European Investment Bank (EIB) is lending €400 million ($425.2 million) to municipal energy supplier Thüringer Energie AG (TEAG) to upgrade and digitise the electricity grid in Thuringia, Germany. million). The financing forms part of a larger, €4.3

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EIB invests nearly half a billion euros in major German grid expansion plan

Smart Energy International

The European Investment Bank (EIB) is providing Dutch-German TSO TenneT with a loan of €450 million ($440 million) for the construction of a 185km electricity transmission corridor — the Ostbayernring — connecting Redwitz to Schwandorf in the south-east of Germany.