According to Bloomberg, the EU will develop a plan for the “digitization of energy systems” and will officially announce it next week.
The plan will reportedly require the EU to invest €565 billion (about RMB 3.93 trillion) in infrastructure by 2030 to achieve its green plans and end its dependence on Russian fossil fuels. The document sets out several green action plans: installing solar panels on the roofs of all commercial and public buildings in the EU by 2027; installing solar panels on all new residential buildings in the EU by 2029; installing 10 million heat pumps over the next five years; and putting 30 million zero-emission vehicles on the road by the end of 2030.
The plan would be the latest in a series of measures proposed by the EU to move away from dependence on Russian gas and accelerate the transition to renewable energy. As demand for electricity grows in the EU region, a more resilient energy network will be needed to accommodate solar and wind technologies that can vary depending on the weather, while also directing power to where it is most needed within the bloc.
According to EU diplomats, the commission will also issue a document on Sept. 28 detailing measures to ease volatility in energy markets and increase trading volumes after soaring prices caused margin calls to swell, as well as measures the bloc may take to lower fuel prices.
The EU will set up a group in March to facilitate energy data sharing among member states and companies. The group will also support transmission system operators in creating a “digital twin” of the grid, which will help improve its efficiency.
