Global Power Grid Expansion Surges 50% to Record High

Utilities built a total of over 21,000 km of new transmission lines last year, the International Renewable Energy Agency reported this week at COP31, citing data from a group called the Utilities for Net Zero Alliance. This is 50% more than the new transmission lines installed during the previous year, IRENA noted in its report. “Power grids will make or break not only the energy transition but also the world’s ambition to raise global electrification to 35% by 2035, as championed by the Turkish COP31 Presidency,” said the director-general…