The price of electricity will decrease with the help of renewable forms of production
The green transition makes electricity affordable, but electricity transmission requires large investments. When the production and consumption of electricity fluctuates suddenly, the production power must increase more than the consumption, so that there is enough power even during peak consumption. Integrating energy systems even more tightly together will require approx. 40 million investments over the next decades. Read on here from Insinöör magazine, what investments are needed in the sector and how the promotion of wind power affects the reduction of the price of electricity!