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Boost for EU electricity grids revamp as parliament adopts policy report

( June 19, 2025, 11:33 GMT | Official Statement) -- MLex Summary: Europe’s electricity grids have formally won vital support for more public and private financing, faster permitting and cost-reflective network tariffs after the full assembly of the European Parliament adopted its "own-initiative" report on revamping grid infrastructure. With 418 votes in favor, 112 against, and 45 abstentions, the report — earlier negotiated by energy lawmakers — will now serve as a formal request to the European Commission for legislation and is expected to shape its upcoming Grid Package later this year. The report also calls for swift implementation of the EU Grids Action Plan, presented in November 2023.Full press release follows:...

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