Andreas Schierenbeck, CEO of Hitachi Energy, emphasizes the urgent need for Europe to invest in its power grids to meet rising energy demands and climate goals. He highlights that outdated regulations and slow permitting processes hinder progress, with over 500 GW of renewable energy capacity stalled due to grid limitations. Schierenbeck calls for collaboration between governments, businesses, and regulators to fast-track investments and overcome bureaucratic obstacles. He warns that failing to act could jeopardize energy security and climate commitments, but remains optimistic about innovation and regulatory reforms. Teljes cikk (Euronews.com)