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Construction Of New Balkan Energy Route Underway

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European Parliament Members Endorse Western Balkan Reform and Growth Instrument

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Europe is investing 240 billion euros in the electricity transmission network, with plans to build a new network towards Serbia and Bosnia and Herzegovina.

In continuation of preparations for the complete rejection of Russian gas from its own energy needs, the European Union plans to increase the capacity of its electricity transmission network by 2040 through 141 investments with a total estimated value of 240 billion euros with the help of countries that are not currently its members, writes Jutarnji list.

According to the plan of the European Association of Transmission Network Operators (ENTSO-E), the capacity of transmission lines, cables and other equipment for power transmission across the Old Continent would increase by 142 gigawatts of electricity, by 43,000 new kilometers of network, with 1.6 million new jobs as one of the results of those investments.

The idea of ​​the European electricity transmission operators, whose plan TYNDP 2022 has been put up for public discussion, is that the growing sources of electricity production from the sun and wind are rapidly connected to the grid and thus replace gas as a fuel in electricity production, but also as a heating source.

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