Power Transmission in Europe is set to receive a significant boost as The European Union has agreed to invest €1.037 billion (USD 1.18 billion) in five cross-border infrastructure projects under the Connecting Europe Facility (CEF) for trans-European energy networks. The CEF will provide financial support for four construction projects and one study. The largest share of the funding, €657 million (USD 746 million), has been allocated to the EuroAsia interconnector project, which aims to establish the first electricity interconnection between Cyprus and the European grid. The construction project includes 3 projects for electricity transmission as follows:
- EuroAsia Interconnector (€657 million or USD 746 million) : The EuroAsia interconnector project is an ambitious electricity infrastructure project that will interconnect the transmission networks of Cyprus and Greece, effectively ending the energy isolation of Cyprus. The project involves laying approximately 898 km of undersea cables, which will set new world records for a project of this kind due to the maximum sea depth of 3000 meters.
- Baltic Synchronisation Project Phase II (€170 million or USD 192 million): The Baltic Synchronisation project, which aims to integrate the power grids of Estonia, Latvia, Lithuania, and Poland with the wider European grid, has received further funding under the second phase of the Connecting Europe Facility (CEF) program. This funding will be used to reinforce the grid in Poland and upgrade the transmission infrastructure in Lithuania, Latvia, and Estonia.
- Aurora Line (€127 million or USD 143 million): The Connecting Europe Facility (CEF) will fund the development of a third transmission line between Sweden and Finland, increasing electricity transmission capacity and integrating onshore and offshore renewable electricity.
This report offers a thorough analysis of the Power Transmission in Europe?, providing valuable insights into the current state of the network and upcoming projects scheduled until 2030. The study is conducted on a country-by-country basis, examining each region to identify key opportunities that exist until 2030.
- Structural overview and snapshot of power transmission in Europe
- Region/country wise historical trends and power transmission capacity addition forecast till FY 2030
- Gaps realized in capacity addition and the allocated targets
- Existing capacity and estimating growth of power transmission capacity by FY 2030 in Northern Europe? (U.K, Sweden, Norway, Latvia, Estonia and other countries)
- Existing capacity and estimating growth of power transmission capacity by FY 2030 in Southern Europe? (Italy, Spain, Slovenia, Greece & other countries)
- Existing capacity and estimating growth of power transmission capacity by FY 2030 in Eastern Europe? (Czech Republic, Belarus, Slovakia & other countries)
- Existing capacity and estimating growth of power transmission capacity by FY 2030 in Western Europe? (Germany, France, Belgium & other countries)
- Region wise smart grid trends, green energy corridors in Europe
- Region wise opportunity track for equipment suppliers, OEMs, EPC players etc.
- Equipment supplying trends of power transmission utilities from domestic and international manufacturers
- First hand sector knowledge and inputs
- Primary research inputs from F2F interviews with domain experts
- Experts insights and market reviews taken into consideration
- Validated data and analysis
- Opportunity mapping and market sizing
- Germinates from minds that think fresh to evolve path finding guide for all stake holders through quality information and analysis
- Free query handling and analyst support for three months from the date of report procurement
- Power transmission assets development and investment plans
- Current & Past trends in Power Transmission Sector
- Outlook of Power Transmission in Europe till 2030
- Projected Transmission network capacity addition by 2030
- Assessing major opportunity centers
- Region wise asset track of inter and intra regional transmission lines as per its developer
- Identifying opportunity (in USD) for upcoming transmission network by FY 2030
- European Power Demand to Increase by 40% Until 2050
- Renewable Energy Integration Posing Challenges for Europe's Transmission Grid
- Is Europe's Transmission Infrastructure Ready for the Energy Transition?
- Future Power Transmission: Ensuring Reliability Amidst Cyber Threats and Automation Challenges
- Securing Europe's Inter-Country Power Transmission Network Amidst Geopolitical Tensions
- Power Generating Companies
- Power Distribution Utilities
- Power Transmission Utilities
- Captive/Group Captive Consumers
- Independent Power Producers
- FIIs/Banks
- Power Project Funding Bodies
- Foreign Collaborating Agencies
- Utility Solar Power Project Developers
- Utility Wind Power Project Developers
- Other RE Project Developers
- Government & Regulatory Bodies
- Research Institutions/Bodies
- Funding Bodies/Banks
- Consulting Agencies
- Government Agencies
- Investment Institutions
50Hertz Transmission ??? General Electric ??? ABB Power Grids ??? Siemens ??? OFGEM ??? TenneT ??? TransnetBW ??? Scottish and Southern Electricity Networks ??? Energinet ??? Fingrid ??? Scottish Hydro Electric Transmission plc ??? EirGrid ??? Terna Réseau de Transport d'Electricité – France TSO
