GLASGOW/BOSTON — Britain and India introduced a plan on Tuesday to improve connections between the world’s electricity power grids to accelerate the transition to greener energy. Linking the grids would allow parts of the world with excess renewable power to send it to areas with deficits. For instance, countries where the sun has set could draw power from others still able to generate solar electricity. Although powerline technology has improved in recent years, Wald and others said the plan would require spending large sums. The grids plan showed Modi willing to move the world’s second-most populous nation away from fossil fuels as long as developed countries help, said Julie Gorte, senior vice president for sustainable investing at Impax Asset Management.

Source: Philippine Daily Inquirer November 03, 2021 06:11 UTC