Global energy transition requires $14trn of grid investment by 2050: BNEF

Annual spending on transmission and distribution will need to rise by 170% by mid-century to support an increasingly complex network and the electrification of heat and transport, says analyst report

An electrical engineer with a laptop near a high-voltage transmission pylon.
An electrical engineer with a laptop near a high-voltage transmission pylon.Getty
Published 23 February 2021, 16:24Updated 23 February 2021, 16:24