ENTSO-E (EU) identifies 93 GW of needs for power interconnection by 2040
ENTSO-E’s new System Needs study identifies a total of 50 GW of needs for cross-border electricity exchanges on close to 40 borders in 2030 and another 43 GW on more than 55 borders in 2040. Addressing system needs would require €45bn of investment and could put Europe on track to realise the Green Deal, with 110 TWh of curtailed energy and 53 Mt of CO2 emissions avoided each year until 2040. The progress in market integration would lead to an increase in price convergence between bidding zone thanks to an additional 467 TWh/year of cross border exchanges by 2040. Electricity transmission projects currently under preparation address only about 43 GW of the 93 GW of needs identified between 2025 and 2040.
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