Europe’s utilities investing less in renewables, smart grid
The recession has cut power sales, and European utilities are investing less in renewable power and the smart grid as a result, even though they need to invest more to meet goals, Capgemini European Energy Markets Observatory report reveals.
16 November 2009
Publication
European utilities are slowing down investments in smart grid and renewable energy projects in the face of a global recession – and that could make it harder for them to meet aggressive goals to expand in both categories in the coming decade or so, according to a the 11th annual European Energy Markets Observatory report.
To read the full article on Greentech Media, click here: Europe’s Utilities Investing Less in Renewables, Smart Grid
Related links:
- Press Release: European Energy Markets Observatory (EEMO) Report highlights turning point for Utilities
- Capgemini in the News: Utilities hit by recession ‘must rethink business’ says Capgemini
- Click here to find out more about this year’s European Energy Markets Observatory report
- Blog: Read Alistair Green blog at Utility Week suggesting an alternative to ‘MI5’ strategy for energy security
- Follow CapgeminiUKPR at Twitter.com
