Germany needs to invest more than EUR30bn ($38bn) in its local electricity distribution networks over the next two decades to ensure the success of its switch from nuclear power to renewables.
So says VKU, the association representing Germany’s municipal sector.
VKU estimates that existing distribution grids will require an investment of EUR25bn up to 2030, with an additional EUR7bn spent on constructing intelligent or Smart Grids.
The association’s comments coincide with a revised national plan to expand Germany’s high-voltage grids from the national energy regulator.
This plan is due to become law by the end of the year.
According to VKU, the upgrade of the low-voltage distribution networks is just as crucial to the success of Germany’s strategy for a greater share of renewables in its generation mix.
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