UNCERTAINTY AHEAD FOR ELECTRICITY PROVIDERS AS POLICY AND POLITICIANS CHANGE IN BRUSSELS
December 1st, 2012
BY CARMEN PAUN IN BRUSSELS
At a time when Europe needs smart grids and storage capacity for electricity produced by renewable energy sources, investors could be expected to sink money into the potential decarbonised future of utilities. Not so much, a Eurelectric report on investments in the liberalised electricity market has showed.
"The forcing onto the systems of technologies which cannot deliver power on demand is damaging the returns on existing investments", the report argued, referring to the European Union's renewable energy directive's 2020 ...
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