Report: Energy costs are too high

DOWNWARD pressure on costs has been called for in an ESRI study on investing in electricity infrastructure and renewable energy.

The level of investment needed in the electricity sector in the near future is huge “when one considers the joint effect of building more wind-farms and the need to extend and upgrade transmission and distribution lines,” the report states.

Transmission and distribution has to be upgraded “because many lines are ageing and more lines are needed to accommodate the increase in wind generation and the complementary investment in new interconnection.”