Investing for the energy future

27.06.2019

TSCNET shareholder Amprion, one of the four German transmission system operators (TSOs), presents its Annual Report 2018 on a specially designed website. What, from a TSO’s perspective, is most necessary for the successful energy transition in Germany – the sustainable expansion of the transmission system so that green electricity can be provided nationwide – is clearly reflected in Amprion’s figures for 2018: Amprion further increased its investments in grid extension, which amounted to €763m in 2018 and were 8.5% higher than in the previous year.

However, it is not sufficient for TSOs alone to fulfil their role, especially as grid extension needs to be accelerated significantly to keep pace with the expansion of the renewables. Politics must also help by setting the right course to promote the cross-sector transformation of the energy system. Amprion therefore calls for a national master plan for electricity and gas. Dr. Klaus Kleinekorte, CTO at Amprion, explains: “It is not enough just to connect renewable energies to the grid. From our system responsibility, we have the task of integrating them into the energy system.” This requires innovative concepts and technologies such as power-to-gas.

Dr. Hans-Jürgen Brick, Chief Commercial Officer and CFO of Amprion, adds at the company’s annual press conference in the German capital of Berlin, that the expansion of the electricity system as outlined in the German Network Development Plan remains the indispensable basis for achieving the climate targets and the secure and cost-effective power supply of the German conurbations. “Amprion is thus investing more than €9.3bn in its grid over the next ten years.”

Amprion presents Annual Report 2018 (picture: Amprion)

Linkup
> See Amprion press release, in German (html)
> Visit Annual Report 2018 site, in German (html, with download options)