Germany needs an acute expansion of its electricity grid

If Germany wants to carry out the country's plans to install massive amounts of renewable energy, then an extensive expansion of country's electricity network will be necessary, says economist.

Photo: Frank Boutrup Schmidt/Vestas

There is no way around it. In the years to come, Germany will have to invest billions and billions of euros in a landmark expansion and renewal of the country's electricity grid, said reputable economist Felix Matthes in an interview with analyst agency Montel at a presentation in Berlin.

Matthes is chief economist for the Institute of Applied Ecology in Germany, and he has conducted a review of existing studies of Germany's network needs on behalf of a group of environmental lobbies and grid operators. Matthes determines that Germany has to date only installed around 12 percent of the 7,700 kilometers of new power lines that Germany deemed necessary in legislation.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Further reading

Related articles

Latest News

See all jobs