Unleashing the full potential of Europe's electricity grids
powered by innovative grid technologies
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CurrENT's policy recommendations for a Clean Industrial Deal and a Competitive Europe
Europe has rightly recognized that electricity grids have a crucial role in decarbonising its economy, in achieving energy independence, and driving competitiveness. CurrENT is now calling for urgent action on the deployment of innovative grid technologies to unleash the full potential of Europe’s electricity grid at the lowest cost to consumers.
Innovative Grid Technologies
CurrENT is the voice of innovative grid technologies in Europe. Our members are taking Europe’s power network to the next level, developing and supplying innovative grid technologies that can unleash the full potential of Europe’s electricity grid.
Increase capacity of the existing grid
Innovative grid technologies allow for a better use of the existing grid, increasing the capacity of the grid quickly, at a lower cost to consumers.
Mass uptake of renewables
Innovative grid technologies maintain the grid’s reliability with a higher penetration of renewables, reducing curtailment and facilitating the mass uptake of renewables.
A pan-European supergrid
Innovative high-capacity conductors can transport the vast renewable resources across the European continent, in order to fully decarbonise the European economy.
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Grids at the heart of a competitive Europe
Powerful electricity grids are the backbone of European competitiveness, affordability, and clean industrialisation. However, using conventional technologies alone will not deliver results quickly enough. Falling behind on grid infrastructure is already causing significant curtailment of renewables, resulting in billions of euros in costs for European consumers every year.
Innovative grid technologies are essential to achieving Europe’s competitiveness and climate ambitions. They increase the efficiency and capacity of the existing grid and facilitate operating a grid with a much higher penetration of renewables. New transmission and distribution technologies with five to ten times the transfer capacity of conventional technologies will be critical to planning a grid that is capable of supporting a fully decarbonised European economy by 2050.
Based on projections from CurrENT’s study with Compass Lexecon, Prospects for Innovative Power Grid Technologies, the deployment of these technologies could increase Europe’s network capacity by 20-40% by 2040. This represents significant gains for Europe, which must electrify at an unprecedented scale to achieve its climate and competitiveness targets.
The time to act is now. We must accelerate the deployment of innovative grid technologies to unleash the full potential of Europe’s electricity grids and secure a sustainable and competitive future for Europe.
CurrENT’s values
Collaboration, optimization and innovation
CurrENT is the voice of innovative grid technology providers in Europe. CurrENT envisions a future where the evolution of Europe’s electricity grids is driven by collaboration, optimization, and above all, innovation. CurrENT is driven by its members who are all committed to the same goal, achieving Europe’s climate ambitions and realising a decarbonised energy future that is affordable for consumers through the efficient deployment of innovative grid technologies.
Secretary General of CurrENT
Our members
Our members offer technologies that can unleash the full potential of Europe’s electricity grids.
Join us and become a member at CurrENT
Contribute to our mission and become a member of CurrENT! Membership offers excellent opportunities for knowledge sharing, interacting with key decision-makers in the sector, and the chance to have a meaningful impact on decarbonising Europe’s energy future.
