To put it in a nutshell: our task is it, to keep the lights on. And we are good at it.
With 99.9998% our grid availability is amongst the highest in the world.
We partnered up with Gasunie and Thyssengas in
the Element Eins project, where we aim to find
solutions to connect both electricity and gas
infrastructures through the production of hydrogen.
Together with 50Hertz, Amprion and TransnetBW,
we submitted the German Grid development plan
(Netzentwicklungsplan) to the BNetzA after taking
comments from a public consultation into
consideration.
Q2
We decided to increase our biodiversity measures at 462 of our stations in the Netherlands and Germany
We welcomed new members of the Supervisory Board
(Edna Schöne, Essimari Kairisto and Stijn van Els) and
Tim Meyerjürgens as COO in our Executive board in the
first half of 2019.
We successfully issued another EUR 1.25 billion of Green Bonds.
Q3
We completed the COBRA Cable in September 2019, which now allows green energy to flow between The Netherlands and Denmark
We completed Borssele Alpha, TenneT's first and at the same time largest connection system for wind farms on the Dutch North Sea.
We have completed our project at the Elbe Crossing in Germany. With this project, we quadrupled our capacity (from 2.4 to 9.6 gigawatts (GW)) and it created TenneT’s most powerful line, using the highest masts in Europe.
Q4
After five years of construction, the Randstad 380 kV North Ring was commissioned. This will further strengthen our grid in one of the most densely populated regions in the Netherlands.
In November 2019, TenneT signed the largest sustainable Revolving Credit Facility in the Benelux. This EUR 3 billion facility provides TenneT with more options to drive the energy transition.
We organised an annual event combining forces together with over 150 energy professionals to discuss how we can drive the energy transition.
TenneT announced plans to invest an additional EUR 215 million in the high voltage grid in the north of the Netherlands to increase connection capacity from solar and wind farms.