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Greenpeace: European supergrid could save billions

March 20, 2014

Greenpeace: European supergrid could save billions

A pan European supergrid could play a major role in helping the European Union achieve an ambitious 45 percent share of renewable energy by 2030, according to a new report from Greenpeace.

The report, based on analysis by Energynautics, sets out a case for a supergrid that could save European member states from wasting billions of pounds a year accrued by switching off wind and solar farms when demand is too high.

Using data from the International Energy Agency, the report models three potential scenarios out to 2030 that examine how much countries could integrate their national energy markets. It found that renewable energy could be installed extensively and cheaply across the bloc if it could be traded easily across member states.

Read more at Business Green.

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