EU energy ministers are set to meet for the final time this term on 30 May, to discuss Russian energy and the Green Deal, but many countries are tabling ‘Any Other Business’ points, intending to influence the EU’s post-election agenda.
A shortage of transformers is putting Europe’s grid build-out at risk, stretching project lead times and adding to a price surge that will be felt on consumers’ bills, researchers and experts have warned.
The EU is looking to fast-track massive investments into its energy infrastructure, shifting risk from companies to consumers and risking a landscape with derelict, half-finished pylons.
European power industry association Eurelectric seeks longer-term planning and a reform of grid tariff rules to finance an anticipated €584 billion investment into the continent’s electricity grids by 2030.
