Variable national levels of development and regulation intensity both within and outside the EU, as well as differing media responses, mean that the challenges facing grid companies in Europe vary considerably.
Nonetheless, there are common factors. The requirements regarding grids, for example, have increased greatly throughout Europe in recent years. Power generation is increasing, and that applies especially to the volatile generation of renewable energies. At the same time, a wide range of renewal investments is required in the medium term. The extension and modernisation of power networks has therefore become increasingly vital. And new technologies must also be used intelligently, e.g. by applying precise knowledge of the power flows within the grid (Smart Grid).
Natural gas storage, LNG systems and pipelines face other, often international challenges. Demand for flexible storage solutions and services is increasing considerably. Both are now key aspects of energy suppliers’ strategic portfolio management and require high investments and operating expenditures.
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