Renewable energy 'requires investment in grids'

19 Nov 2010
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Renewable energy 'requires investment in grids'

Investment in infrastructure such as national grids needs to be made in order to make the most of the current boom in the renewable energy industry.

This is the view of Christian Kjaer, European Wind Energy Association chief executive officer, who called for the introduction of a Europe-wide energy network.

He stated that if this does not happen, an "absurd" situation will be in the offing, where more renewable energy is being generated than can be held and used in national grids all over the continent.

"Without a European grid there can be no single market in electricity and no effective competition in the electricity industry. That's bad for consumers small and large," he added.

Junior ecology minister Chantal Jouanno recently stated that France is aiming to increase the amounts of renewable energy it produces.

Reuters reports that a spokesman at the ecology ministry explained the country is looking to make an investment of as much as ten billion euros (£8.6 billion) in the sector. 

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