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World must boost power grid spend to $600bn by 2040: IEA

Global policymakers and power grid companies must act fast to expand the electricity grids and boost its annual investment, which has remained broadly stagnant, to more than $600 billion a year by 2030, according to International Energy Agency (IEA).

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Invest in grids today or face gridlock tomorrow, says IEA chief

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.

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World needs replacement or addition of 80m km of electricity grids by 2040: IEA

World needs replacement or addition of 80m km of electricity grids by 2040: IEA
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The Engineer - IEA grid report calls for 80 million kilometres of new power lines

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.

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Electric grids could be the weak link of clean energy transition, IEA warns

Utility industry news and analysis for energy professionals.

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