The supergrid possibility

Heavy investment in electricity grids is desperately needed, while the prospect of a supergrid remains a distant opportunity.

The electricity transmission sector has escaped the kinds of competitive pressures stalking energy supply technologies, offering investors less risky, solid growth, but they require massive expansion and upgrade projects that often face delays.

Cut-throat Chinese competition has crushed margins in renewable energy manufacturing, creating a cycle of falling subsidies and rising overcapacity for wind turbines and solar panels, which has led to layoffs and bankruptcies.

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