The European Union (EU) is investing in smart grid technology, and Miguel Arias Cañete, European Commissioner for Climate Action and Energy, explained how important it will be for the future of the EU. Arias Cañete presented his statement at the InnoGrid 2020+ conference in Brussels.

“Europe’s energy landscape is changing fast,” the EU said in a statement. “Today, renewables account for 25 percent of the EU’s electricity supply and this level could rise to 50 percent by 2030. Variable renewables require more grid flexibility, new approaches, new technologies and new markets. Meanwhile, consumers need to be at the heart of the EU’s internal energy market to control their energy consumption and make personal energy decisions to lower their bills.”

read the speech