Germany must invest $20 billion in electricity grid
by The Canadian Press
The four operators said that about 4,000 kilometres of new transmission networks must be built to ensure the country's energy switchover.
BERLIN—The operators of Germany’s electricity grid say the country must invest about C$$20 billion in new transmission networks as the nation’s remaining nuclear power plants are shut down over the next decade.
The four operators said that about 4,000 kilometres of new transmission networks must be built to ensure the country’s energy switchover.
Germany decided last year in the wake of Japan’s Fukushima nuclear disaster to accelerate the shutdown of its atomic power plants in favour of renewable energies.
Transmission networks are a major issue because while much heavy industry is based in southern Germany, the coasts and plains of the country’s north are the main source of wind energy.
