$13bn Smartgrid to connect Europe Africa with Wind solar Bio power

HUGE renewable energy project, DESERTEC, planned for Northern Africa, the Middle East, and Europe that will require significant transmission infrastructure investments.

EU Euro 9 billion for transmission

The European Commission recently confirmed that €9.1 billion ($12.7 billion) for transmission networks would be included in the EU’s 2014-2020 budget plans. This is part of a €50-billion ($70-billion) infrastructure package. This is a big boon for (and probably largely driven by) offshore and onshore wind power projects across the continent.

source: cleantechnica.com/2011