EU Electric Grid Modernisation Plan

planned

The European Commission plans a near-€1.2 trillion project to modernise the EU's electric grid by fast-tracking permits for grid infrastructure, renewable energy projects, and storage. The plan includes eight key energy projects focusing on electricity interconnections, storage, and hydrogen, aiming to strengthen existing structures and ensure resources for concrete progress within six to nine months. Key focuses include grid connections across the Pyrenees, Cyprus to continental Europe, Baltic states linking Lithuania and Poland, an offshore interconnector hub in Denmark, energy storage in the southeastern region, and hydrogen corridors connecting several countries.