Reply To: We need a Fusion X PRIZE

[Rematog]

Just posting this as an example of what kind of infrastructure we are talking about here….

This is from POWER magazine, one of the two main trade magazines for the Electrical power industry.

European body calls for heavy grid investment over next five years

Transmission service operators in Europe should devote about $26.52 billion to grid development over the next five years to ensure security and meet European energy policy objectives, the Union for the Coordination of Transmission of Electricity (UCTE) said last week.

The Brussels-based UCTE, which coordinates the interests of transmission system operators in 24 European countries, seeks to guarantee the security of the interconnected power system. The body recently published its first transmission development plan (PDF), which surveys cross-border and internal investments that have so far been submitted to member transmission service operators.

Taking into account expected decommissioning of plants and 80 GW of expected wind power, the UCTE projects that installed capacity in Europe will exceed 220 GW while consumption for the same period will increase only 90 GW.

But if consumption follows this low growth rate