French Power Transmission Operator Proposes US$108 Billion Investment

NEW DELHI--March 28, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--French transmission system operator Réseau de Transport d'Électricité (RTE) (Paris) has proposed a landmark investment of 100 billion euros (US$108 billion) by 2040 to revamp its network, aligning with France and Europe's energy and climate objectives. Key focuses include reducing dependence on imported fossil fuels, bolstering carbon-free electricity production, and fortifying energy sovereignty.