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Annual Report 2023

Annual report

Welcome to our Integrated Annual Report of 2023. Read all about our achievements and progress over the past year. Dive into our efforts in advancing the energy transition and creating a resilient, interconnected energy landscape. Discover our financial performance and contributions to shaping the future of energy. Explore the highlights of our journey towards a sustainable tomorrow.

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Here you can download the entire annual report or download the seperate subjects in which you might be interested. 

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About our results of 2023

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Onshore grid availability

  • 99.99993%

Future proof grid investments (in EUR million)

  • 7,730

Letter from the Board: Energising today and tomorrow

The year 2023 has shown us that international, societal, economic and political stability is under pressure. Running an organisation in ambiguous times is the new normal. The war in Ukraine, the Israeli-Palestinian conflict, the economic downturns and rising cost of living created widespread uncertainty. For TenneT, as we strive to create a reliable carbon-neutral energy system in 2045, it proved to be a year with many  dimensions. It is clear that the roadmap towards sustainable prosperity is not linear nor clearly signposted. However, it’s a journey TenneT is prepared for and, although there’s a need for realism, we have concrete plans based on a vision of the energy system in 2045 for the required grid expansion in Germany and the Netherlands. Focus on execution is key to achieve national and European climate goals.

Executive Board 2023

Executive Board (fltr): Tim Meyerjürgens, Chief Operating Officer - Manon van Beek, Chief Executive Officer, Arina Freitag, Chief Financial Officer - Maarten Abbenhuis, Chief Operating Officer

Read the complete letter below.

33%

Greened of our carbon footprint

12.2 GW

Offshore grid connection capacity

32%

Female inflow

11%

non-Dutch / non-German hires

3.9/3.4

absentee rate NL and GER

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