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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
POWER
European power grid investment must double by 2030 and triple by 2040 from current investment for the EU to meet its net zero targets, according to Bloomberg.
- The EU spent approximately $58bn in 2022 in grid investments, with the region being the third highest globally.
- In Bloomberg’s “Net Zero Scenario” (NZS) grid investment is forecast to climb to as high as ~$118 bn/yr by 2030 and increase to about $150 bn/yr by the 2040s.
- The growth in spending is primarily driven by additional renewable capacity anticipated to come online over the next decade or so, with electrolyser, ageing assets, and demand growth accounting for a large share – but this is variable across different EU states.
- The first wave of spending is anticipated to be highest in Italy, Germany and the Iberian region.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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