Cornerstone ceremony for “TenneT Campus”

30.06.2016

TSC member TenneT, the Dutch-German transmission system operator (TSO), is expanding its German corporate headquarters in Bayreuth, Germany. On 29 June 2016, Urban Keussen and Mel Kroon, TenneT chief executive officers, Franz Josef Pschierer, Bavarian State Secretary, and Brigitte Merk-Erbe, Lord Mayor of Bayreuth, jointly laid the first stone for the new building.

TenneT is not only extending its German headquarter but will also generate 200 new jobs approximately. The company invests about €50m in renovations, extensions and new constructions. The newly built facilities of “TenneT Campus” will meet all ecological standards with a low heating demand, a photovoltaic system and a cogeneration unit. The completion of the work is expected in late 2017.

During the ceremony, Urban Keussen pointed out that TenneT “as the largest German TSO ensures from its location in Bayreuth the electricity supply in Bavaria and Germany and is responsible for a large part of the grid expansion for the energy transition”. In the future there will be around 750 employees in Bayreuth, “more than twice as many as in 2010”. “Tennet Campus” is meant to be “an inspiring work environment for our employees to meet the challenges of the energy transition”.

> See TenneT press release, in German (html)

Picture: Screenshot “BR24
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Amprion’s grid investments exceed €500m

16.06.2016

TSC member Amprion, one of the four German transmission system operators (TSOs), held its annual press conference on 15 June 2016 in Frankfurt am Main, Germany. The TSO looked back on the previous fiscal year and gave predictions for the current year.

Amprion’s Chief Commercial and Financial Officer, Dr. Hans-Jürgen Brick, commented on the situation of grid developement in Germany: “Last year, the legislature has laid down the tracks for the network expansion. The task now is to implement the projects quickly and citizen-friendly.” Already by now the company’s progresses regarding grid expansion are notable. This applies not only to flagship projects like the direct current line “Ultranet”, which Amprion jointly develops with further TSC member TransnetBW, but also to many other less prominent but equally important line constructions. Chief Technical Officer Dr. Klaus Kleinekorte referred to more than 300 line and plant construction projects in 2015. This led to an increase of Amprion’s investments in the electricity grid to a total amount of €474m in the respective year. In 2016 the TSO plans to outnumber last year’s record level by investing €550m. In doing so, Amprion relies on innovative technology, transparency and citizen participation: In 2015 the company informed the public about construction projects at more than 500 events.

Dr. Hans-Jürgen Brick appraised Amprion’s power lines as “life lines of the national economy”. In 2015 Amprion’s high-voltage grid –with a total length of 11,000 km – distributed around 190 terawatt-hours of electricity. Also in economic terms the last year was a success for Amprion. With €11.9bn the revenues reached a new record high and profits increased by 14 percent to €171m, partially favoured by law and tax-related one-time effects. “On balance we have a stable earnings level”, concluded Brick.

> See Amprion press release, in German (html)

Picture: Amprion
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TenneT investments at all-time high

09.03.2016

While the earnings before interest and taxes (EBIT) increased by nearly a fifth to EUR704m in 2015, TSC member TenneT, the Dutch-German transmission system operator (TSO), invested a record EUR2.4b in the maintenance and expansion of onshore and offshore high-voltage grids. The annual report also shows an impressive overall grid availability (99.9975%) and can be downloaded for free.

> See TenneT press release (html)

> Open TenneT Integrated Annual Report 2015 (html, microsite)

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Green Bonds by TenneT

18.05.2015

So-called green bonds were created to fund projects that encourage sustainability and have positive environmental or climate benefits. Now the Dutch-German transmission system operator (TSO) TenneT announced the launch of a green bonds issuance programme that could evolve into multi billion euro green investment opportunity. TenneT is a member of TSC.

See TenneT press release (html)

 

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Plan to invest

08.01.2015

In the newsletter “Energy in Europe” published today, Dominique Ristori, Director General for Energy of the European Commission, offers a very positive summary of the Commision’s plans for the new year. “This plan will kick-start further investment in the energy sector – an essential part of our growth agenda,” Ristori wrote.

> See EC newsletter “Energy in Europe” (html)

> See EC 2015 Work Programme (html)

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Bird protection in Southern Germany

01.10.2014

The Southwestern German TSO, TransnetBW today rolled out an additional initiative to step up efforts for the long-term protection of birds. Specially designed marking devices, some of them installed from a helicopter shall help to mitigate bird collisions. The measures had been developed in collaboration with biologists and ornithologists.

> Open TransnetBW press release (pdf, in German)

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RGI demands stable mandates

29.09.2014

In an open letter to Jean-Claude Juncker, the President-elect of the European Commission the Renewables-Grid-Initiative (RGI) calls to secure a “sound and clear legislation for nature and climate protection” and to “streamline the procedures to properly develop the electricity grids throughout Europe”. The TSC members 50Hertz, Swissgrid and TenneT are three of the RGI partners.

> See RGI letter (html)

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