Modernising Europe’s power network
Work includes the construction and modernisation of such grid elements as substation and transformer stations and lines, while the installation of intelligent elements such as on-load tap chargers and smart metres linked to new fibre optics will enable more efficient network management and control. Furthermore, the use of IT solutions will allow beneficiaries to better manage larger volumes of data, which will have a positive impact on asset management and network operations. Together, these upgrades will allow the grid to use large amounts of electricity from renewable and/or distributed energy sources.