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Germany Plans €20 Billion Grid Upgrade
GALWAY, IRELAND--June 7, 2012 --Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland) Germany will need to invest around €20 billion ($25 billion) to upgrade its electricity grid to support its shift away from nuclear power towards more renewable energy.
The country's four leading grid operators 50Hertz (Berlin, Germany), Amprion (Dortmund, Germany), TenneT TSO BV (Arnhem, Netherlands) and TransnetBW (Stuttgart, Germany) have collaborated on an upgrade plan for the country's electricity grid, which was requested by the government.
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