According to the International Energy Agency, the current global spending pace on grid upgrades is roughly half the estimated US$600bil (RM2.6 trillion) required annually through 2030 if net-zero emissions targets are to be accomplished. — Bloomberg
SOLAR panels, wind farms and rechargeable batteries tend to hog most of the air time in discussions about the global energy transition, but electrical grids deserve equal prominence as the vital link between clean energy production hubs and consumers.
Indeed, without grids that can boost the distribution of green energy to a maximum while keeping fossil-powered output to a minimum, efforts to reach net zero-carbon emissions may falter regardless of how many wind and solar farms are built.
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