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German Cabinet Agrees to Expand Power Grid Faster

(Reuters)

German Chancellor Angela Merkel's cabinet agreed on Wednesday to accelerate the construction of 2,800 kilometres of new high-voltage power lines to help push forward the country's shift to renewable energy.

Under the plans, the new transmission lines will be completed within four years from a previously planned 10 years.

The cabinet agreed on the nationwide plan which will prioritise the construction of lines m ainly to transport power from wind turbines near the coast and offshore to industrial areas in southern and western Germany.

The investment will cost about 10 billion euros ($13.21 billion).

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