Thursday, March 21st, 2019

Power grid operators aim to get smart as Europe turns green

By Geert De Clercq PARIS (Reuters) – The owners of Europe’s electricity grids say they need an injection of cash and a fresh look at regulation if they are to build and operate new, high-tech networks that can channel green energy sources into homes across the region. So-called smart grids that can handle the intermittent flow of solar and wind energy are vital, say energy firms, if the EU is to meet its renewable energy and carbon emissions targets. “If we want more renewables, we need smarter grids,” said Joao Torres, CEO of Portugal’s EDP Distribuicao and head of the distribution system operators’ lobby group EDSO.

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