'We can afford it': EV uptake and renewables surge to power 'massive expansion' of energy grids

Madeleine Cuff
clock • 4 min read

But latest forecasts from risk managers DNV GL still predicts 50/50 split between fossil and non-fossil energy sources by mid-century, well short of Paris Agreement targets

The world is set to experience a massive expansion in the role of electricity, according to a major new forecast released today. But despite a coming surge in the use of batteries and renewables the expected...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Infrastructure

Welsh Parliament connects to Cardiff's low carbon heat network

Welsh Parliament connects to Cardiff's low carbon heat network

The Senedd, Tŷ Hywel, and the Wales Millennium Centre become latest major buildings connect to Cardiff's low carbon heat network, removing the need for fossil gas boilers

clock 30 October 2026 • 3 min read
Why location data can help shape a climate-resilient future for UK infrastructure

Why location data can help shape a climate-resilient future for UK infrastructure

Climate adaptation requires accurate location data that maps potential hazards against exposed places and assets, to channel investment where it is most needed, writes Tom Gray from Ordnance Survey

Tom Gray, Ordnance Survey
clock 22 October 2026 • 5 min read
Rising diesel costs spark calls for clearer UK roadmap for electric trucks

Rising diesel costs spark calls for clearer UK roadmap for electric trucks

Aldersgate Group and REA warn slow grid connections, high electricity costs, and tough lending environment for small operators are holding back electric HGV adoption

Michael Holder
clock 22 October 2026 • 5 min read