South Africa and France face significant funding needs for grid upgrades to support power plant expansions and renewable energy connections. South Africa requires $21 billion, while France needs $109 billion by 2040. Poland plans to spend $16 billion on grid upgrades by 2034. The global clean-energy transition calls for reforms to the financial system to ensure fairness and efficiency.
“Why the energy transition can't be left to the market.” 🖊️ @adribuller https://t.co/eAPYlcpJ2P
Energy-starved South Africa needs $21 billion to fund an expansion of the grid in order to link up more power plants. Where to get it? https://t.co/Lp8WCMtffl
Electric Transmission Buildout Could Cost Americans Trillions of Dollars https://t.co/Qa3Ck5M21O
Beyond direct financial support from rich countries, the clean-energy transition demands urgent reforms to the global financial system, in order to make it fairer and more efficient, write @andrescamachom_ and @HonTuya. https://t.co/8Q27J9nbms
#Poland to spend $16 billion on power grid by 2034 https://t.co/uoFFjia46k
In 2021, just $2.6 billion of the $434 billion invested in renewable-energy projects went to African countries, lament @andrescamachom_ and @HonTuya. https://t.co/A9w4zokykk
France’s grid operator says it needs to invest about $109 billion by 2040 to upgrade the network and connect renewables https://t.co/QDGYAfg3nP
French power grid spending needs to jump to $109 billion by 2040 https://t.co/pDx1gC0Ici https://t.co/WtKr2i0Miq
#SouthAfrica’s Next Energy Challenge: A $21 Billion Grid Upgrade State-owned power company Eskom faces major funding constraints https://t.co/95iH1aeUId
Energy-starved South Africa needs $21 billion to fund an expansion of the grid to link up more power plants https://t.co/kLwKJvp98j