Global Grid Spending Must Hit $600bn/Year by 2030, CIGRE Warns
Paris – September 07, 2026 -- Annual global investment in electricity grids must rise roughly 50%, from about USD 400 billion today to nearly USD 600 billion by 2030, according to International Energy Agency figures cited at the CIGRE 2026 Paris Session, which drew more than 15,000 experts from 100 countries and 330 exhibitors.
Grid investment must jump 50% as electrification accelerates
The IEA attributes the surge to transport, industry and building electrification, renewable-energy integration, and rising data-center power demand. Power systems are approaching operational limits as these forces converge, according to the IEA data presented at the session.