Dutch Gasunie expects to invest $13 billion in power grid through 2030

AMSTERDAM (Reuters) -Dutch natural gas grid operator Gasunie on Monday said it expects to invest around 12 billion euros ($13 billion) through 2030 to help accelerate the energy transition and stop major industries leaving the Netherlands. Gasunie said two thirds of its investment would be for infrastructure for sustainable gases, like hydrogen and biomethane, while continuing work on carbon capture and storage (CCS) projects. "The company is taking major steps towards a future in which sustainable gases and green electricity reinforce each other," Gasunie said.

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AMSTERDAM (Reuters) -Dutch natural gas grid operator Gasunie on Monday said it expects to invest around 12 billion euros ($13 billion) through 2030 to help accelerate the energy transition and stop major industries leaving the Netherlands. Gasunie said two thirds of its investment would be for infrastructure for sustainable gases, like hydrogen and biomethane, while continuing work on carbon capture and storage (CCS) projects. "The company is taking major steps towards a future in which sustainable gases and green electricity reinforce each other," Gasunie said.

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