'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

Government sets outs vision for up to 66GW of flexible power capacity by 2030

Government sets outs vision for up to 66GW of flexible power capacity by 2030

Clean Flexibility Roadmap targets 51GW to 66GW of flexible power capacity by 2030 in support of the government's 2030 clean power mission

Michael Holder
clock 23 July 2025 • 5 min read
INEOS completes £30m hydrogen conversion to cut Hull site emissions by 75 per cent

INEOS completes £30m hydrogen conversion to cut Hull site emissions by 75 per cent

Petrochemical giant converts chemical manufacturing facility to run on hydrogen instead of fossil gas

Stuart Stone
clock 18 July 2025 • 2 min read
 Tata Steel UK breaks ground on £1.25bn electric arc furnace

Tata Steel UK breaks ground on £1.25bn electric arc furnace

Construction begins on high-profile project to replace coal fired blast furnace at South Wales steelworks with low carbon electric arc furnace

clock 15 July 2025 • 3 min read