The European Commission is expected to launch a nearly $1.4 trillion (1.2 trillion euros) package to upgrade cross-border electric grids and accelerate planning and permitting as the EU looks to strengthen power links and accommodate a growing share of renewable electricity generation. The European Commission is set to unveil the trillion-dollar package to fast-track grid upgrades and renewable projects permits, and boost cross-border cooperation, a leaked document seen by Euronews showed this week. The Commission has identified eight key grid…