95

The electrification of energy uses means that the energy transition will lead to a massive increase in the production of renewable electricity over the coming decades. This increase in the supply of decarbonized electrons will require doubling the amount of investments in electricity grids. To limit the resulting increase of these investments on regulated toll rates and therefore on the price of electricity, several avenues are explored in this article: a reduction in capital costs, better planning of investments on a European scale, and a series of measures to increase the efficiency of the capital employed. JEL classification: L94, Q41, Q48, Q58.