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25 Jul
11:38

Europe energy transition requires $10 trillion investment: Goldman

An estimated €10 trillion ($10.24 trillion) of investment will be needed by 2050 for Europe’s energy transformation, which can then be entirely recouped from the savings of net energy imports, says Goldman Sachs. Investments will accelerate and peak by 2035, driven largely by the initial infrastructure expansion required for power networks, charging networks, the massive expansion of renewable power, buildings upgrades and heating pipeline infrastructur…
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