$12.7 Billion for Transmission in Europe (Boon for Wind & Solar Energy)
The European Commission recently confirmed that €9.1 billion ($12.7 billion) for transmission networks would be included in the EU’s 2014-2020 budget plans. This is part of a €50-billion ($70-billion) infrastructure package. This is a big boon for (and probably largely driven by) offshore and onshore wind power projects across the continent. Of … [continued]