Power Grid Investment Set to Reach $54B in 2027 in the EU
Spending on power infrastructure spanning EU member states and Norway is on track to hit roughly $54 billion by 2027. Eurelectric, the industry group behind the Power Barometer 2026 study, pegged the starting point at about $27 billion in 2021, with spending climbing to $41 billion by 2024, with investment now compounding at close to 12.5% a year as utilities build out capacity for electrification and renewable integration. Wind and solar output edged past combined fossil-fuel generation in the bloc through 2025, cumulatively producing roughly three in ten units of electricity, while carbon output per unit of power fell to…
