Spain raises planned grid investment to over €17 bln through 2030
The revised figure marks an increase on prior plans and signals accelerating Spanish transmission build-out to 2030.
By Matthias Blank · drafted with the Vantage newsroom system, approved before publication
Spain has revised its grid investment plan upward to over €17 billion through 2030, according to Reuters. The increase signals that the Spanish zone is accelerating transmission build-out to absorb growing renewable capacity and reduce congestion.
In Italy, Terna secured €1.5 billion in financing for its Adriatic Link project. The EIB, SACE, and Intesa Sanpaolo are the three lenders. The Adriatic Link will connect the Italian peninsula's Adriatic coast, improving north-south transfer capacity within the Italian zone and strengthening regional interconnection.
Taken together, the two announcements reflect a broader push across southern Europe to expand grid infrastructure. For traders and asset managers, tighter interconnection and higher transmission capacity in the Spanish and Italian zones will affect congestion patterns, zonal price spreads, and renewable capture rates through 2030.
Source: Reuters Energy
Photo by Ola Noland on Pexels.
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