All the significant figures, data, and facts are to be found in the Annual Report 2019 of TSCNET shareholder 50Hertz, which just has been presented by the transmission system operator (TSO) from North-East Germany. The report is entitled “We Create Stability” and was published together with the Sustainability Report for 2019. The 140-page document contains a wealth of information about the company’s vision for a successful energy transition in a sustainable world.
In numerous articles and graphics, complex correlations are presented concisely and transparently. Particularly noteworthy is the 60% share of renewable energies in electricity consumption in the 50Hertz control area. The TSO’s ecological responsibility was reflected last year in 768 ecological compensation measures as well as 116 hectares of ecological corridor management. But also economically, the year was successful for 50Hertz, and the company’s growth is confirmed by the 135 new colleagues that the TSO welcomed in 2019. To pursue its sustainable path, 50Hertz plans to invest €4.2bn in the grid infrastructure by 2025.
The report also features profound interviews with senior executives, including 50Hertz CEO-Stefan Kapferer and Chris Peeters, CEO of the Elia Group and Chairman of the Board of Directors of 50Hertz, providing in-depth insights into the business areas of the TSO. Topics such as sustainable financing, system stability, digitisation of markets and system management, connection of offshore wind farms or investments in grids and substations are all being addressed. An outlook on the energy system in 2030 concludes the 50Hertz Annual Report.
50Hertz has presented its Annual and Sustainability Report 2019 (picture: 50Hertz)