'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

National Grid launches consultation on latest England-Scotland power link

National Grid launches consultation on latest England-Scotland power link

Latest addition to Great Grid Upgrade programme could carry up to 2GW of electricity - enough clean power for around two million homes

clock 02 June 2026 • 3 min read
'Clean power is the future our public wants': Brits back clean energy transition, regardless of concerns over visual impacts

'Clean power is the future our public wants': Brits back clean energy transition, regardless of concerns over visual impacts

Polling shows the British public place higher importance on new infrastructure capable of boosting energy security, than on the visual impact arising from new clean energy projects

clock 22 May 2026 • 3 min read
Government announces multi-million pound heat network investment

Government announces multi-million pound heat network investment

Government pledges to invest £15m in improving existing heat networks, alongside £25m in new heat network projects

clock 20 May 2026 • 2 min read