May 15, 2025No Modern Grids, No Transition? EU Rolls Out Record Investment to Prevent Energy Collapse

Europe
No Modern Grids, No Transition? EU Rolls Out Record Investment to Prevent Energy Collapse

With a public consultation open until July 8, 2025, the European Commission is launching an unprecedented plan to mobilize €584 billion in investments to modernize Europe’s power grids. “We are still facing a 32 GW cross-border capacity gap and permitting processes that can take up to 17 years,” warns Eusebiu-Valentin Stamate, in an exclusive conversation with the portal.

May 15, 2025Baltic TSOs call for unprecedented cooperation to boost offshore wind with €90 billion by 2050

Europe
Baltic TSOs call for unprecedented cooperation to boost offshore wind with €90 billion by 2050

The Transmission System Operators (TSOs) of eight Baltic Sea countries have jointly called for enhanced cross-border cooperation to accelerate the development of offshore wind energy. The Baltic Offshore Grid Initiative (BOGI) is leading this process, with planned investments of up to €90 billion, focused on hybrid projects, infrastructure security, and innovative financing solutions.

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