Spain Ups Grid Investment to 17 Billion Euros
Spain increased its planned power grid investment to over 17 billion euros through 2030. Energy Minister Sara Aagesen cited surging demand from data centers and renewables. The historic funding aims to support national energy transition goals.
Spain will boost grid investment to over €17 billion ($19.6 billion) through 2030, raising spending 30% to meet electrification demand. The plan marks the largest electricity network upgrade in the country's history. Surging demand from data centres and renewable energy projects drove the funding increase.
