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Trillions needed to save Europe’s power grid

Trillions of dollars in investment are needed to modernise Europe’s outdated power grid, avoid blackouts like Spain’s, and support rising renewable and electricity demand.

Venezuela moves 765 kV transformer to prevent blackouts

Corpoelec is patching up the country’s dilapidated power grid by cannibalizing electricity turbines, transformers and other equipment following a string of catastrophic blackouts in March and early April.