European electricity demand will increase by 60% by 2030, but insufficient network development is hindering the integration of wind and other renewable resources. The European Commission’s new EU budget for 2028-2034 allocates 67 billion EUR from the European Competitiveness Fund and around 30 billion EUR from the Connecting Europe Facility for network modernization. The European Grids Package, expected in the fall, will include measures for faster permitting, smarter network planning, financing solutions, and wider use of flexibility technologies – storage, demand management, and hybrid projects.
Source: WindEurope, 30.07.2025.