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Be flexible and invest to keep power affordable, EU utilities say

By Louis de Briant ( June 3, 2026, 14:59 GMT | Insight) -- The EU's push to accelerate electrification will depend on grid reforms, digitalization and faster connections — rather than on new targets alone — utilities and network operators said at a summit in Finland. Industry representatives backed key elements of the European Commission's Grids Package, including reforms to grid-connection queues and investment incentives, while warning that outdated regulations are slowing deployment. They also urged Brussels to address the price gap between electricity and fossil fuels to support electrification.Europe's utilities and grid operators underlined on Wednesday that adaptability and investments in new capacity must go hand-in-hand to keep energy affordable, at an event* in Finland....

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